Crude Oil Prices Sink as Supplies Out of the Persian Gulf Accelerate

Written on 06/26/2026
Rich Asplund

August WTI crude oil (CLQ26 ) today is down -3.18 (-4.42%), and August RBOB gasoline (RBQ26 ) is down -0.1009 (-3.48%). Crude oil and gasoline prices are plunging today, with crude posting a fresh 4-month low. An acceleration of oil tankers out of the Persian Gulf is boosting global oil...Stacked oil barrels by JONGHO SHIN via iStock
Read full article