Crude Prices Move Higher on a Smaller-Than-Expected OPEC+ Production Hike

Written on 10/06/2025
Rich Asplund

November WTI crude oil (CLX25 ) on Monday closed up +0.81 (+1.33%), and November RBOB gasoline (RBX25 ) closed up +0.0411 (+2.21%). Crude oil and gasoline prices moved higher on Monday after OPEC+ agreed to a smaller-than-expected increase in its crude production levels. Also, reduced Russian crude production is supporting...The index of oil up by Pashalgnatov via istock
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