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