August WTI crude oil (CLQ26 ) on Thursday closed up +1.58 (+2.25%), and August RBOB gasoline (RBQ26 ) closed up +0.1109 (+3.97%). Crude oil and gasoline prices erased early losses on Thursday and rallied sharply as short covering emerged on a report that an unknown projectile off the coast of...Oil tanker in open sea by StockStudio via Shutterstock
Read full articleCrude Oil Prices Sharply Higher on Concerns of Reopening of Strait of Hormuz
Written on 06/25/2026
Rich Asplund

