November WTI crude oil (CLX25) today is down -0.17 (-0.27%), and November RBOB gasoline (RBX25) is down -0.0034 (-0.18%). Crude oil and gasoline prices are moving slightly lower due to today’s rally in the dollar index (DXY00) to a 1.75-month high.  Also, cooling tensions in the Middle East reduces the chances of disruptions to the region’s crude supplies and is weighing on prices after Israel and Hamas agreed to a ceasefire.   Losses in crude are limited on carryover support from Sunday when OPEC+ agreed ...

November WTI crude oil (CLX25) on Tuesday closed up +0.04 (+0.06%), and November RBOB gasoline (RBX25) closed down -0.0077 (-0.40%). Crude oil and gasoline prices on Tuesday settled mixed.  Crude prices rose on carryover support from Sunday when OPEC+ agreed to a smaller-than-expected increase in its crude production levels.  Gains in crude were limited on Tuesday due to a stronger dollar, as the dollar index (DXY00) rallied to a 1.5-week high.  Additionally, Saudi Arabia's unexpected decision to maintain ...