August WTI crude oil (CLQ26 ) on Wednesday closed up +3.08 (+4.37%), and August RBOB gasoline (RBQ26 ) closed up +0.1495 (+5.06%). Crude oil and gasoline prices settled sharply higher on Wednesday, with crude rising to a 2-week high and gasoline climbing to a 1-month high. Crude prices are soaring...Oil production with Iran flag by EVER STOCK via Shutterstock
Read full articleCrude Oil Prices Surge as Geopolitical Risks Intensify
Written on 07/08/2026
Rich Asplund

