Crude Rallies on Concern of Prolonged Disruption to Middle East Oil Supplies

Written on 09/01/2026
Rich Asplund

October WTI crude oil (CLV26 ) is up +1.99 (+2.32%) today, and October RBOB gasoline (RBV26 ) is up +0.0153 (+0.50%). Crude oil and gasoline prices are sharply higher for a second day today, with crude oil posting a 6-week high. Crude prices are supported as fresh hostilities between the...A sunset over a fuel tanker by Sebastian via Pixabay
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