Factors Affecting Crude Oil Prices: From Decreased Refiner Purchases to Chinese Imports

Factors Affecting Crude Oil Prices: From Decreased Refiner Purchases to Chinese Imports

WTI crude oil prices and Oct RBOB gasoline prices both increased on October 3; crude oil reached its highest level in 9-1/2 months. “Crude Oil and Gasoline Prices: What’s Going On?” Crude oil reached its highest point happened because Saudi Arabia and Russia said they would keep cutting their crude oil production until the end…