
February WTI crude oil (CLG24) on Thursday closed down -2.34 (-3.16%), and Feb RBOB gasoline (RBG24) closed down -6.22 (-2.88%).
Crude oil and gasoline prices on Thursday settled sharply lower, with crude falling to a 1-1/2 week low and gasoline dropping to a 2-week low. A recovery in the dollar (DXY00) from a 5-month low to higher on-the-day undercut energy prices. Also, concern about a slowdown in Chinese energy demand weighed on crude prices. Thursday's weekly EIA inventory report was mixed for crude prices.