Dollar Strength and Increased Middle East Oil Flows Weigh on Crude Prices

Written on 08/28/2026
Rich Asplund

October WTI crude oil (CLV26 ) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26 ) closed up +0.0598 (+2.00%). Crude oil and gasoline prices settled mixed on Friday. Crude prices posted modest losses on Friday after the dollar index ($DXY ) rallied to a 2-week high. Also,...Petroleum oil and gas process offshore field by Saknarong Butsabong via Shutterstock
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