Improved Crude Flows Through the Strait of Hormuz Sink Oil Prices

Written on 09/21/2026
Rich Asplund

October WTI crude oil (CLV26 ) closed down -4.52 (-4.51%) on Monday, and October RBOB gasoline (RBV26 ) closed down -0.0577 (-1.64%). Crude oil and gasoline prices sold off sharply on Monday, with crude sinking to a 1.5-week low. Crude prices retreated as increased crude flows through the Strait of...Oil tanker in open sea by StockStudio via Shutterstock
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