January WTI crude oil (CLF24) on Tuesday closed down -0.06 (-0.08%), and Jan RBOB gasoline (RBF24) closed up +0.0108 (+0.49%).
Crude oil and gasoline prices on Tuesday settled mixed. Energy prices opened lower after weaker-than-expected U.S. economic reports were negative for energy demand and crude oil prices. Crude was also under pressure Tuesday after the dollar index recovered from a 2-1/2 month low and moved higher. However, crude recovered most of its losses, and gasoline prices turned higher, on the outlook for strong U.S. fuel demand this Thanksgiving Day holiday.
