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Crude Prices Settle Higher as the Dollar Slips and Stocks Rally
Yahoo Finance· 2025-10-03 19:16
November WTI crude oil (CLX25) on Friday closed up +0.40 (+0.66%), and November RBOB gasoline (RBX25) closed up +0.0098 (+0.53%). Crude oil and gasoline prices settled higher on Friday as a weaker dollar prompted some short covering in energy futures.  Also, Friday's rally in the S&P 500 to a new all-time high shows confidence in the economic outlook that is supportive of energy demand.  Gains in crude were limited due to concerns over a global supply glut, as OPEC+ is set to increase its crude production ...