Crude Prices Slip on Dollar Strength as Easing of Middle East Tensions

Written on 01/18/2025
Rich Asplund

February WTI crude oil (CLG25 ) today is down -0.66 (-0.84%), and February RBOB gasoline (RBG25 ) is down -0.0055 (-0.26%). Crude and gasoline prices today are moderately lower. Today's stronger dollar is weighing on crude prices. Also, today's action by Israel's security cabinet to approve a ceasefire and hostage-prisoner...Oil tanker in open sea by StockStudio via Shutterstock
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