Crude Prices Push Higher on Dollar Weakness and Reduced Russian Oil Exports
Yahoo Finance·2025-12-02 04:19

January WTI crude oil (CLF26) on Monday closed up +0.77 (+1.32%), and January RBOB gasoline (RBF26) closed up +0.00474 (+2.60%). Crude oil and gasoline prices settled higher on Monday, with crude posting a 1-week high.  Monday's decline in the dollar index (DXY00) to a 2-week low is bullish for energy prices.  Also, reduced Russian crude exports are boosting oil prices after Ukrainian drone and missile attacks forced a key Russian Black Sea oil terminal to close operations.  In addition, heightened geopol ...