Crude oil and gasoline prices are mixed today, with crude up due to progress in US trade deals and a new S&P 500 record high. Dollar strength and mixed US economic reports are limiting gains. The crack spread is down, discouraging refiners. Iraq is set to boost crude exports from its Kurdish region. The EU approved sanctions on Russian oil, impacting oil prices negatively. OPEC+ is increasing production to reverse cuts, with Saudi Arabia hinting at more increases. OPEC+ may pause production increases from October due to concerns about a slowdown in global oil demand. Crude oil stored on tankers has decreased, while US crude inventories are below the seasonal average. The number of active US oil rigs has hit a 3.75-year low.

Read more at Yahoo Finance: Progress in Trade Talks Supports Energy Demand and Crude Prices