Crude Oil Prices Rally on Energy Demand Optimism

Written on 10/08/2025
Rich Asplund

November WTI crude oil (CLX25 ) on Wednesday closed up +0.82 (+1.33%), and November RBOB gasoline (RBX25 ) closed up +0.0156 (+0.82%). Crude oil and gasoline prices on Wednesday settled higher. Wednesday's rally in the S&P 500 to a new record high demonstrated confidence in the economic outlook, which was...An oil tanker out at sea by Gerhard Traschutz via Pixabay
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