Crude Oil Prices Retreat as Supply Fears Ease

Written on 09/16/2026
Rich Asplund

October WTI crude oil (CLV26 ) is down -4.07 (-3.85%) today, and October RBOB gasoline (RBV26 ) is down -0.-0350 (-1.01%). Crude oil and gasoline prices are sharply lower today on signs that crude supplies are getting through the Strait of Hormuz, easing supply concerns. Losses in crude accelerated today...Stacked oil barrels by JONGHO SHIN via iStock
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