Crude Prices Close Higher as IEA Forecasts Tightening Inventories in Q3

Written on 08/12/2026
Rich Asplund

September WTI crude oil (CLU26) on Wednesday closed up +0.07 (+0.08%), and September RBOB gasoline (RBU26) closed up +0.0171 (+0.55%). Crude oil and gasoline prices closed higher on Wednesday as the International Energy Agency (IEA) said in its monthly report that the global oil supply deficit will worsen, even as...An oil tanker out at sea by Gerhard Traschutz via Pixabay
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