Crude Prices Surge on Security Risks in Iraq

Written on 06/11/2025
Rich Asplund

July WTI crude oil (CLN25 ) Wednesday closed up +3.17 (+4.88%), and July RBOB gasoline (RBN25 ) closed up +0.0788 (+3.77%). Crude oil and gasoline prices rallied sharply on Wednesday, with crude posting a 2-1/4 month high and gasoline posting a 3-week high. Wednesday's weaker dollar was supportive of energy...Floating oil rig in ocean by Keri Jackson via Pixabay
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