Crude Oil Tumbles as the Dollar Strengthens and Equities Fall
Yahoo Finance·2025-12-08 20:18

January WTI crude oil (CLF26) on Monday closed down -1.20 (-2.00%), and January RBOB gasoline (RBF26) closed down -0.0360 (-1.96%). Crude oil and gasoline prices fell sharply on Monday, with gasoline posting a 1.5-week low.  Dollar strength on Monday undercut energy prices.  Crude prices also fell as Monday's stock market weakness weighed on confidence in the economic outlook and energy demand.  A positive for crude prices is the expectation that restrictions on Russian energy exports will remain, followi ...