Crude Oil Prices Sharply Lower as OPEC+ Considers a Crude Production Increase

October WTI crude oil (CLV25 ) on Wednesday closed down -1.62 (-2.47%), and October RBOB gasoline (RBV25 ) closed down -0.0308 (-1.51%). Crude oil and gasoline prices retreated on Wednesday due to concerns of a global oil supply glut following a report from Reuters that OPEC+ is considering an increase...Two oil barrels on ground by Phototreat via iStock