August WTI crude is down 4.13% to a 3.5-month low, while August RBOB gasoline is lower by 2.95%. The move appears tied to a sharp rally in the dollar index to a 13-month high, which is pressuring energy prices. The decline is significant enough to matter for the energy complex and commodity-linked assets.
August WTI crude is down 4.13% to a 3.5-month low, while August RBOB gasoline is lower by 2.95%. The move appears tied to a sharp rally in the dollar index to a 13-month high, which is pressuring energy prices. The decline is significant enough to matter for the energy complex and commodity-linked assets.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
