August WTI crude oil fell $2.87 (-3.92%) to a 3.5-month low, while August RBOB gasoline dropped 6.69 cents (-2.34%). The selloff was tied to a stronger dollar index, which rose to a 13-month high and pressured energy futures. The move signals near-term bearish momentum across oil and gasoline markets.
August WTI crude oil fell $2.87 (-3.92%) to a 3.5-month low, while August RBOB gasoline dropped 6.69 cents (-2.34%). The selloff was tied to a stronger dollar index, which rose to a 13-month high and pressured energy futures. The move signals near-term bearish momentum across oil and gasoline markets.
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Request DemoOverall Sentiment
strongly negative
Sentiment Score
-0.50
