Crude Oil Prices Underpinned by Dollar Weakness and Geopolitical Risks
Yahoo Finance·2026-02-06 20:17
March WTI crude oil (CLH26) on Friday closed up +0.26 (+0.41%), and March RBOB gasoline (RBH26) closed up +0.0266 (+1.38%). Crude oil and gasoline prices recovered from early losses on Friday and moved higher after the dollar (DXY00) weakened. Also, doubts that the US-Iranian talks in Oman will lead to a breakthrough in a nuclear deal are underpinning oil prices after the Wall Street Journal reported that Iran stands by its refusal to end uranium enrichment, a major sticking point for the US. Crude pri ...