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Barchart

Rich Asplund

Crude Prices Slide as the Dollar Strengthens

Oil OPEC United States EIA

August WTI crude oil (CLQ24) on Tuesday closed down -0.80 (-0.98%), and Aug RBOB gasoline (RBQ24) closed up +0.28 (+0.11%).

Crude oil and gasoline on Tuesday settled mixed. Tuesday's stronger dollar weighed on crude prices. Losses in crude were limited and gasoline rose on carryover support from last Thursday's weekly EIA report that showed US gasoline demand rose to a 7-month high.

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