Sanctions on Russian energy exports

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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 ...