Crude Prices Jump on Possible US-India Trade Deal and Lower EIA Inventories

Written on 10/22/2025
Rich Asplund

December WTI crude oil (CLZ25 ) on Wednesday closed up +1.26 (+2.20%), and December RBOB gasoline (RBZ25 ) closed up +0.0375 (+2.12%). Crude oil and gasoline prices rallied sharply on Wednesday, posting one-week highs. Crude prices jumped on Wednesday after India's Mint newspaper reported that the US and India are...The index of oil up by Pashalgnatov via istock
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