January WTI crude oil (CLF26 ) on Wednesday closed up +0.67 (+1.21%), and January RBOB gasoline (RBF26 ) closed up +0.0134 (+0.80%). Crude oil and gasoline prices rose on Wednesday amid heightened geopolitical risks in Venezuela and Russia. President Trump ordered a blockade of sanctioned tankers off Venezuela, and the...Petroleum oil and gas process offshore field by Saknarong Butsabong via Shutterstock
Read full articleCrude Prices Rise as Global Geopolitical Risks Escalate
Written on 12/17/2025