Crude Oil Gains on Iran Risks

Written on 01/21/2026
Rich Asplund

March WTI crude oil (CLH26 ) on Wednesday closed up +0.26 (+0.43%), and March RBOB gasoline (RBH26 ) closed up +0.0285 (+1.54%). Crude oil and gasoline prices settled higher on Wednesday, with gasoline climbing to a 7-week high. Crude found support on Wednesday from the IEA's decision to cut its...The index of oil up by Pashalgnatov via istock
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