November WTI crude oil (CLX25) on Monday closed down -2.27 (-3.45%), and November RBOB gasoline (RBX25) closed down -0.0471 (-2.37%). Crude oil and gasoline prices fell sharply on Monday due to the outlook for OPEC+ to increase its crude production levels for November, which is expected to boost global oil supplies.  Bloomberg reported Monday that OPEC+ at its online meeting on October 5 is considering raising its crude output level by +137,000 bpd, starting November 1. More News from Barchart The outlo ...

November WTI crude oil (CLX25) on Thursday closed down -0.01 (-0.02%), and November RBOB gasoline (RBX25) closed down -0.0075 (-0.38%). Crude oil and gasoline prices posted modest losses on Thursday after the dollar index (DXY00) rallied to a 3-week high.  Also, the outlook for higher crude exports from Iraq is undercutting crude prices.  In addition, Thursday's decline in stocks has led to a risk-off sentiment in asset markets, weighing on crude prices. More News from Barchart Crude prices recovered m ...