Crude Rallies Sharply on Rising Geopolitical Tensions

Written on 11/21/2024
Rich Asplund

December WTI crude oil (CLZ24 ) Monday closed up +2.14 (+3.19%), and December RBOB gasoline (RBZ24 ) closed up +0.0690 (+3.54%). Crude oil and gasoline prices Monday rallied sharply on mounting geopolitical tensions after the US gave Ukraine the green light to use long-range missiles inside Russia. Also, a weaker...An oil tanker out at sea by Gerhard Traschutz via Pixabay
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