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Nov WTI crude oil (CLX24) today is up +0.12 (+0.18%), and Nov RBOB gasoline (RBX24) is up +0.10 (+0.05%). Crude oil and gasoline prices today are slightly higher. Short covering emerged in crude oil today after the dollar index (DXY00) tumbled to a 14-month low. Crude also has support on optimism that this week’s action by the Chinese government to increase economic stimulus measures will boost crude demand. Gains in crude oil are limited today due to negative carryover from Thursday when the Financial Times reported that Saudi Arabia is committed to increasing its crude output in December. Al…

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