The prices for July’s West Texas Intermediate (WTI) crude oil and July’s Reformulated Blendstock for Oxygenate Blending (RBOB) gasoline have increased by +0.99% and +1.19%, respectively, this morning, while June’s New York Mercantile Exchange (Nymex) natural gas has decreased by -3.60%. The rising crude oil and gasoline prices may be due to recent indications that U.S. lawmakers are making progress in their negotiations regarding the country’s debt ceiling.
