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Finance

Oil and Gas

CME Group Inc.

10/07/2025 | Press release | Distributed by Public on 10/07/2025 15:54

WTI Crude Oil futures closed down but bounced off lows.

WTI Crude Oil futures closed lower, but a late session rally brought the price close to unchanged after an early sell-off. The Chevron El Segundo refinery is operating at reduced rates following a fire, causing a stockpile of crude oil and a buildup of inventories on the West Coast. Additionally, seaborne crude shipments from Russia reached a 16-month high due to drone strikes on domestic refineries, which has amplified concerns over a global supply glut.

CME Group Inc. published this content on October 07, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 07, 2025 at 21:54 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]

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