Crude Prices Tumble as IEA Boosts Its Global Oil Surplus Estimate

Written on 09/11/2025
Rich Asplund

October WTI crude oil (CLV25 ) today is down -1.10 (-1.73%), and October RBOB gasoline (RBV25 ) is down -0.0372 (-1.85%). Crude oil and gasoline prices are falling sharply today on concerns about a global crude supply glut after the IEA boosted its 2026 global oil surplus estimate. Concerns that...Stacked oil barrels by JONGHO SHIN via iStock
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