Crude Oil Prices Slip on Hopes Strait of Hormuz to Reopen

Written on 08/26/2026
Rich Asplund

October WTI crude oil (CLV26 ) closed down -0.13 (-0.16%) on Wednesday, and October RBOB gasoline (RBV26 ) closed up +0.0309 (+1.05%). Crude oil and gasoline prices settled mixed on Wednesday, with crude oil falling to a 1.5-week low. Crude prices fell slightly on Wednesday, adding to this week’s losses,...Oil tanker in open sea by StockStudio via Shutterstock
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