Crude Oil Tumbles as the Dollar Strengthens and Equities Fall
January WTI crude oil (CLF26) on Monday closed down -1.20 (-2.00%), and January RBOB gasoline (RBF26) closed down -0.0360 (-1.96%). Crude oil and gasoline prices fell sharply on Monday, with gasoline posting a 1.5-week low. Dollar strength on Monday undercut energy prices. Crude prices also fell as Monday’s stock market weakness weighed on confidence in … Read more