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Investing.com -- Oil turned higher on Friday, reversing earlier losses driven by improving Middle East crude flows and a move by the Group of Seven countries to release emergency crude stocks in order to help bring global prices down, especially of diesel.
November WTI crude oil (CLX26) is down -2.49 (-2.68%) today, and November RBOB gasoline (RBX26) is down -0.1257 (-3.69%).Crude oil and gasoline prices are sharply lower today after the G7 announced it will release up to 100 million bbl of crude oil and diesel supplies from its strategic reserves. C…