Geopolitical Tensions Support Crude Oil Prices

Written on 12/18/2025
Rich Asplund

January WTI crude oil (CLF26 ) today is up +0.57 (+1.02%), and January RBOB gasoline (RBF26 ) is up +0.0134 (+0.79%). Crude oil and gasoline prices are rising today amid heightened geopolitical risks in Venezuela and Russia. Also, today's sharp rally in stocks boosts optimism about the economic outlook, which...A sunset over a fuel tanker by Sebastian via Pixabay
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