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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Rich AsplundTue, Aug 26, 2025, 4:40 PM 3 min readOctober WTI crude oil (CLV25) today is down -1.20 (-1.85%), and October RBOB gasoline (RBV25) is down -0.0330 (-1.65%).Crude oil and gasoline prices today are moving lower as global crude supply concerns eased after Russia said one of its largest refineries will soon restart after repairs were made following a Ukrainian drone attack.   Gasoline prices are also under pressure as supply concerns eased when the BP refinery in Whiting, Indiana, the largest inland refinery in the US, restarted its 115,000 bpd Pipestill unit that had been shuttered since August 19 due to storms and flooding.  Today's weaker dollar and better-than-expected US economic news are supportive for crude prices.Cooler-Than-Normal US Temps Undercut Nat-Gas PricesCrude Prices Settle Sharply Higher on Geopolitical Risks and Possible Fed Rate CutCrude Prices Supported by Geopolitical Risks and Possible Fed Rate CutTired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now!Global crude supply concerns eased after Russia said its Volgograd refinery, which can process 300,000 bpd of crude oil, will resume operations a week earlier than planned, as repairs to the refinery were made following drone attacks by Ukraine.Weakness in the crude crack spread is bearish for oil prices as the crack spread fell to a 2-month low today.  The weaker spread discourages refiners from purchasing crude oil and refining it into gasoline and distillates.An increase in crude oil held worldwide on tankers is bearish for oil prices.  Vortexa reported Monday that crude oil stored on tankers that have been stationary for at least seven days rose by +11% w/w to 96.77 million bbl in the week ended August 22.Strength in today's US economic reports is positive for energy demand and crude prices.  July capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose +1.1% m/m, stronger than expectations of +0.2% m/m.  Also, the Conference Board US Aug consumer confidence index fell -1.3 to 97.4, stronger than expectations of 96.5.  In addition, the Aug Richmond Fed manufacturing survey rose +13 to a 5-month high of -7, stronger than expectations of -11.Crude prices also have support on concern that the Russian-Ukrainian war will continue, which could keep restrictions on Russian crude exports in place, and even secondary restrictions could be added.  Russian Foreign Minister Lavrov said Sunday that there was no meeting planned between the leaders of Russia and Ukraine and that there "needs to be an agenda first" for a meeting to take place.  "This agenda is not ready at all." 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