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Market Impact: 0.22
Crude Oil Prices Slightly Lower on the Push to Reopen Strait of Hormuz
Source: Nasdaq
Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & War
WTI October crude (CLV26) is down about 5 cents (-0.05%) to a 1.5-week low as crude continues this week’s losses. By contrast, October RBOB gasoline (RBV26) is up about +1.38%, leaving the complex mixed. The pullback in crude appears driven by ongoing uncertainty tied to Iran-related headlines.
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