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Barchart
Barchart
Rich Asplund

Crude Oil Prices Consolidate This Week's Rally

Oil United States Israel OPEC

May WTI crude oil (CLK24) this morning is down -0.21 (-0.25%), and May RBOB gasoline (RBK24) is down -0.59 (-0.21%).

Crude and gasoline prices this morning are slightly lower as they consolidate this week's rally that pushed crude up to a 5-1/4 month high and gasoline to a 7-month high.  Crude oil prices have underlying support from today's slide in the dollar index to a 2-week low.  

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