Crude Oil Prices Plunge on Report Saudi Arabia Wants to Speed Up Production Hikes

Written on 09/05/2025
Rich Asplund

October WTI crude oil (CLV25 ) is down -1.91 (-3.01%), and October RBOB gasoline (RBV25 ) is down -0.0576 (-2.87%). Crude oil and gasoline prices are sharply lower after a report that Saudi Arabia wants OPEC+ to speed up production hikes. Oil prices are also lower due to concerns about...Stacked oil barrels by JONGHO SHIN via iStock
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