Crude Prices Retreat on Fears of a Global Supply Glut

Written on 09/11/2025
Rich Asplund

October WTI crude oil (CLV25 ) on Thursday closed down -1.30 (-2.04%), and October RBOB gasoline (RBV25 ) closed down -0.0287 (-1.43%). Crude oil and gasoline prices fell sharply on Thursday due to concerns about a global crude supply glut after the IEA boosted its 2026 global oil surplus estimate....Oil pipeline through forest by cozyta via iStock
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