By James Taylor
Today, the October West Texas Intermediate (WTI) crude oil prices have risen by 1.59%, equivalent to an increase of 1.45 points. Conversely, the October RBOB gasoline prices have dropped by 0.48%, or -0.0130 points. The current surge in WTI crude oil prices marks a new 10-1/2 month high on the nearest-futures chart, continuing the upward trend observed in the last three months. This surge is primarily driven by anticipated concerns over tight supply levels.
A writer and finance enthusiast who loves diving into the exciting world of stocks, commodities, forex, and crypto. I'm all about making the financial markets less intimidating and more accessible, so I write engaging content that simplifies complex concepts and shares practical investment strategies. Whether you're a seasoned investor or just getting started, I've got your back! But hey, life isn't all about work, right? On weekends, you'll find me hanging out and having a blast with my awesome friends and family. We love bonding over shared interests, trying out new adventures, and simply enjoying each other's company. Striking that balance between work and play is super important to me, because what's the point of success if you can't share it with the people you love? So, if you're up for some financial market insights and a good dose of weekend fun, stick around! Together, we'll navigate the money world and make the most of our time off. Let's learn, grow, and create memories along the way!
