August WTI crude oil (CLQ26 ) on Thursday closed down -0.65 (-0.82%), and August RBOB gasoline (RBQ26 ) closed down -0.0162 (-0.49%). Crude oil and gasoline prices gave up early gains on Thursday and settled lower, as a stronger dollar sparked profit-taking and long liquidation. Crude prices are supported by...Petroleum oil and gas process offshore field by Saknarong Butsabong via Shutterstock
Read full articleDollar Strength Sparks Long Liquidation in Crude Oil Futures
Written on 07/16/2026