Crude Oil Prices Supported by Mounting Geopolitical Risks

March WTI crude oil (CLH26 ) on Wednesday closed up +2.86 (+4.59%), and March RBOB gasoline (RBH26 ) closed up +0.0536 (+2.80%). Crude oil and gasoline prices rallied sharply on Wednesday amid mounting geopolitical risks. The likelihood of the Russian-Ukrainian war continuing is bullish for oil prices as it will...The index of oil up by Pashalgnatov via istock