Back to News
Market Impact: 0.48
Crude Prices Surge on Global Supply Risks
Source: Nasdaq
Energy Markets & PricesCommodities & Raw Materials
October WTI crude surged $4.44, or 4.38%, to a 3.75-month high on Tuesday, while October RBOB gasoline gained $0.1481, or 4.46%, to a three-week high. The second consecutive day of sharp gains reflects heightened supply-risk concerns and is supportive for energy producers, while increasing fuel-cost pressure for consumers and transportation-sensitive sectors.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
moderately positive
Sentiment Score
0.58
More News
- Trump called out Big Oil profits. Here’s how much their refining earnings have surged since
- Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz
- Oil hits six-month highs as Hormuz attacks threaten Iran peace efforts
- Are Houthis using Russian satellites as Saudi Arabia fends off strikes?
- Canada expects to seal a deal in June to become the EU’s first ‘associate member’ — ‘everything short of full EU membership’
- Intel plunged 28.6% for its worst drop since 1974 — and the AI sell-off gave the S&P 500 its worst day since June