Crude Oil Price Pressured by Global Oversupply Concerns
August WTI crude oil (CLQ25) today is down -0.66 (-1.01%), and August RBOB gasoline (RBQ25) is down -0.41 (-0.20%). Crude oil and gasoline prices are under pressure today due to expectations that OPEC+ will increase its crude production level by another 411,000 bpd when they meet on Sunday. Comments from President Trump also weighed on […]
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