Crude Prices Rally on Dollar Weakness and Reduced Russian Oil Exports
Yahoo Finance·2025-12-01 16:47
January WTI crude oil (CLF26) today is up +0.68 (+1.16%), and January RBOB gasoline (RBF26) is up +0.00393 (+2.16%). Crude oil and gasoline prices are moving higher today, with crude climbing to a 1-week high. Today's decline in the dollar index (DXY00) to a 2-week low is bullish for energy prices. Also, reduced Russian crude exports are boosting oil prices after Ukrainian drone and missile attacks forced a key Russian Black Sea oil terminal to close operations. In addition, heightened geopolitical ris ...