In Monday’s trading, October WTI crude oil closed at +0.71 (+0.78%), while Oct RBOB gasoline closed at -1.02 (-0.38%). The price of October WTI crude oil reached an 11-month high, building on the upward trend observed over the past three months. This rise is primarily attributed to expectations of a constrained supply for the remainder of the year.
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Crude Prices Continue to Rise Due to Limited Supply
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