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Barchart
Barchart
Rich Asplund

Crude Prices Fall after EIA Crude and Gasoline Inventories Unexpectedly Climb

EIA Oil OPEC Russia Vortexa United States

May WTI crude oil (CLK24) this morning is down -0.27 (-0.33%), and May RBOB gasoline (RBK24) is down -2.39 (-0.89%).

Crude and gasoline prices this morning are moderately lower, with gasoline falling to a 1-1/2 week low.  A stronger dollar today is bearish for energy prices.  Also, today's weekly EIA report was mostly bearish after crude and gasoline inventories unexpectedly rose.  

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