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Rich Asplund

Crude Oil Prices Weaken on Dollar Strength

Oil United States Iran Donald Trump OPEC Vortexa International Energy Agency Russia Strait of Hormuz Ukraine

August WTI crude oil (CLQ26) today is down -0.24 (-0.30%), and August RBOB gasoline (RBQ26) is down -0.0088 (-0.27%).

Crude oil and gasoline prices are slightly lower today, weighed down by a stronger dollar. Crude prices are supported by heightened US-Iran tensions, which have reduced crude oil flows through the Middle East, tightening global oil supplies.

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