Crude Oil Prices Recover as US Seizes a Tanker Off the Coast of Venezuela

Written on 12/10/2025
Rich Asplund

January WTI crude oil (CLF26 ) on Wednesday closed up +0.21 (+0.36%), and January RBOB gasoline (RBF26 ) closed down -0.0082 (-0.46%). Crude oil and gasoline prices extended this week's losses on Wednesday, with crude posting a 2-week low and gasoline slumping to a 4.75-year nearest-futures low. However, crude oil...An oil tanker out at sea by Gerhard Traschutz via Pixabay
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