August WTI crude oil is down 0.67, or 0.91%, to a 3.5-month low, while August RBOB gasoline is off 0.0534, or 1.85%. The article points to pressure from a rally in the U.S. dollar index to a 13-month high, which is weighing on energy prices. The move is negative for near-term crude and refined product sentiment, but the broader impact is limited to commodity markets.
August WTI crude oil is down 0.67, or 0.91%, to a 3.5-month low, while August RBOB gasoline is off 0.0534, or 1.85%. The article points to pressure from a rally in the U.S. dollar index to a 13-month high, which is weighing on energy prices. The move is negative for near-term crude and refined product sentiment, but the broader impact is limited to commodity markets.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.35
