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Dollar Strength and Energy Demand Concerns Weigh on Crude Prices
Yahoo Finance· 2025-09-17 23:55
October WTI crude oil (CLV25) today is down -0.34 (-0.53%), and October RBOB gasoline (RBV25) is down -0.0092 (-0.45%). Crude oil and gasoline prices are under pressure today from a stronger dollar.   Crude prices also fell on today's weaker-than-expected US housing starts and building permits reports, which were bearish for the economy and energy demand.  Losses in crude are limited after weekly EIA crude inventories and gasoline supplies fell more than expected. More News from Barchart In a negative ...
Dollar Weakness and Falling Russian Energy Exports Support Crude Prices
Yahoo Finance· 2025-09-16 23:32
October WTI crude oil (CLV25) today is up +1.08 (+1.71%), and October RBOB gasoline (RBV25) is up +0.0209 (+1.04%). Crude oil and gasoline prices rallied sharply today to 1.5-week highs.  Today's slump in the dollar index (DXY00) to a 2.25-month low is bullish for energy prices.  Also, concerns over a decline in Russian oil exports are boosting prices as Ukraine steps up its drone attacks on Russian refineries.  In addition, today's stronger-than-expected US economic news is bullish for energy demand and ...