Supply Disruptions Underpin Crude Oil Prices

Written on 07/31/2026
Rich Asplund

September WTI crude oil (CLU26 ) on Friday closed up +1.08 (+1.29%), and September RBOB gasoline (RBU26 ) closed down -0.0171 (-0.55%). Crude oil and gasoline prices settled mixed on Friday. Crude oil rose sharply due to threats to global supplies with disruptions in the Strait of Hormuz and the...Crude oil unloading dock by Surapol Usanakul via Shutterstock
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