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Barchart
Rich Asplund

Crude Prices End Lower on Dollar Strength and a Build in EIA Crude Inventories

Oil EIA OPEC United States

July WTI crude oil (CLN24) Wednesday closed down -1.09 (-1.39%), and July RBOB gasoline (RBN24) closed down -3.95 (-1.58%).

Crude oil and gasoline prices Wednesday fell to 1-week lows and closed moderately lower.  Wednesday's rally in the dollar index (DXY00) to a 1-week high was negative for energy prices.  Crude prices maintained moderate losses after Wednesday's weekly EIA report showed crude supplies unexpectedly rose last week.  

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