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Crude Oil Pressured by Dollar Strength and US-Russian Plan to End Ukraine War
Yahoo Finance· 2025-11-21 16:42
January WTI crude oil (CLF26) today is down -1.23 (-2.08%), and January RBOB gasoline (RBF26) is down -0.0362 (-1.96%). Crude oil and gasoline prices tumbled to 4-week lows today and are sharply lower.  Today's rally in the dollar index (DXY00) to a 5.5-month high is bearish for energy prices.  Crude prices are also falling after Ukrainian President Zelenskiy said he would agree to work on a peace plan drafted by the US and Russia.  Crude prices recovered from their worst levels today after Ukraine and it ...