Energy Demand Optimism Pushes Crude Prices Sharply Higher

Written on 07/02/2025
Rich Asplund

August WTI crude oil (CLQ25 ) Wednesday closed up +2.00 (+3.06%), and August RBOB gasoline (RBQ25 ) closed up +2.26 (+1.08%). Crude oil and gasoline prices on Wednesday rallied to 1-week highs and settled sharply higher. Crude has support on concerns that Middle East tensions could flare up again after...A man pumping gas by Jiri Frohlich via Pixabay
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