June WTI crude is down 0.45 (-0.41%) and June RBOB gasoline is down 0.0885 (-2.35%) as a stronger U.S. dollar pushes the dollar index to a 6-week high. The move reflects near-term pressure on energy prices from FX headwinds rather than a fundamental supply-demand shock. Crude and gasoline futures are trading softer on the day.
June WTI crude is down 0.45 (-0.41%) and June RBOB gasoline is down 0.0885 (-2.35%) as a stronger U.S. dollar pushes the dollar index to a 6-week high. The move reflects near-term pressure on energy prices from FX headwinds rather than a fundamental supply-demand shock. Crude and gasoline futures are trading softer on the day.
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moderately negative
Sentiment Score
-0.25
