Crude Prices Slip as the Dollar Strengthens and Oil Supplies Remain Ample

Strong Bearish -80.0

October WTI crude oil (CLV25 ) on Thursday closed down -0.48 (-0.75%), and October RBOB gasoline (RBV25 ) closed down -0.0173 (-0.85%). Crude oil and gasoline prices settled lower on Thursday as the dollar rallied. Also, the outlook for a global oil supply glut is undercutting crude prices. Losses in...
Read Source Login to use Pulse AI

Pulse AI Analysis

Pulse analysis not available yet. Click "Get Pulse" above.

This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.