November WTI crude oil (CLX25) today is down -0.07 (-0.12%), and November RBOB gasoline (RBX25) is up +0.0128 (+0.71%).
Crude oil and gasoline prices are mixed today, with crude posting a 5.25-month low and gasoline recovering from a 4.5-year nearest-futures low. Today's recovery in the dollar from a 1.5-week low to higher on the day is undercutting crude prices. Crude is also under pressure due to negative carryover from Thursday, when President Trump said he'll meet with Russian President Putin to discuss ending the war in Ukraine, which raises the possibility of more supply as Russian oil supplies are allowed to flow.
