December WTI crude oil (CLZ25) on Wednesday closed down -0.96 (-1.59%), and December RBOB gasoline (RBZ25) closed down -0.0135 (-0.70%). Crude oil and gasoline prices gave up an early advance on Wednesday and moved lower, with crude dropping to a 2-week low.  Crude prices retreated on Wednesday after weekly EIA crude supplies unexpectedly increased.  Also, Wednesday's rally in the dollar index (DXY00) to a 5.25-month high is bearish for energy prices.  Losses in crude were limited due to Wednesday's bette ...

December WTI crude oil (CLZ25) today is down -0.39 (-0.64%), and December RBOB gasoline (RBZ25) is up +0.0023 (+0.12%). Crude oil and gasoline prices gave up an early advance today and are mixed.  Crude prices retreated today after weekly EIA crude supplies unexpectedly increased.  Also, today's rally in the dollar index (DXY00) to a 5.25-month high is bearish for energy prices.  Gasoline found support today after EIA gasoline inventories tumbled to an 11-year low.  Also, today's better-than-expected glob ...

December WTI crude oil (CLZ25) on Tuesday closed down -0.49 (-0.80%), and December RBOB gasoline (RBZ25) closed up +0.0067 (+0.35%). Crude oil prices moved lower on Tuesday amid pressure from a stronger dollar, as the dollar index (DXY00) rallied to a 3-month high.  Also, Tuesday's equity market slump has curbed confidence in the economic outlook and energy demand.  Losses in crude are limited by carryover support from Sunday, when OPEC+ announced that additional crude production hikes will be paused in Q ...

December WTI crude oil (CLZ25) today is down -0.29 (-0.48%), and December RBOB gasoline (RBZ25) is up +0.0049 (+0.26%). Crude oil prices are under pressure today from a stronger dollar, with the dollar index (DXY00) climbing to a 3-month high.  Today's slump in equity markets has also curbed confidence in the economic outlook and energy demand.  Losses in crude are limited by carryover support from Sunday, when OPEC+ announced that additional crude production hikes will be paused in Q1. More News from Ba ...