September WTI crude oil (CLU26) today is down -0.16 (-0.19%), and September RBOB gasoline (RBU26) is down -0.0740 (-2.29%).
Crude oil and gasoline prices gave up an overnight advance and turned lower on hopes for a diplomatic solution to the US-Iran war, along with signs of increased oil tanker traffic through the Strait of Hormuz. Crude prices initially moved higher today after the dollar index ($DXY) dropped to a 6-week low. Ongoing hostilities in the Middle East are also underpinning crude prices.
How Volatility Clustering Could Trigger a Comeback in Baker Hughes (BKR) Stock
Nat-Gas Prices Rebound Ahead of August Contract Expiration
Crude Oil Prices Soar as US-Iran Tensions Escalate
#down #rbob
Crude oil and gasoline prices gave up an overnight advance and turned lower on hopes for a diplomatic solution to the US-Iran war, along with signs of increased oil tanker traffic through the Strait of Hormuz. Crude prices initially moved higher today after the dollar index ($DXY) dropped to a 6-week low. Ongoing hostilities in the Middle East are also underpinning crude prices.
How Volatility Clustering Could Trigger a Comeback in Baker Hughes (BKR) Stock
Nat-Gas Prices Rebound Ahead of August Contract Expiration
Crude Oil Prices Soar as US-Iran Tensions Escalate
#down #rbob
3 months ago
