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Barchart
Barchart
Rich Asplund

Crude Prices Slip as Dollar Strength Sparks Long Liquidation

Oil United States OPEC EIA

July WTI crude oil (CLN25) Tuesday closed down -0.31 (-0.47%), and July RBOB gasoline (RBN25) closed down -0.0072 (-0.34%).

Crude oil and gasoline prices on Tuesday gave up an early advance and settled lower.  Dollar strength (DXY00) on Tuesday sparked long liquidation pressures in crude oil, causing prices to retreat.  

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