Dollar Weakness and Tighter Global Supplies Boost Crude Prices

Optimistic 22.0

October WTI crude oil (CLV25 ) on Tuesday closed up +1.22 (+1.93%), and October RBOB gasoline (RBV25 ) closed up +0.0282 (+1.40%). Crude oil and gasoline prices rallied sharply on Tuesday and posted 1.5-week highs. Tuesday's slump in the dollar index (DXY00 ) to a 2.5-month low is bullish for...
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.