Crude Oil Prices Weaken on Dollar Strength

Written on 07/16/2026
Rich Asplund

August WTI crude oil (CLQ26 ) today is down -0.24 (-0.30%), and August RBOB gasoline (RBQ26 ) is down -0.0088 (-0.27%). Crude oil and gasoline prices are slightly lower today, weighed down by a stronger dollar. Crude prices are supported by heightened US-Iran tensions, which have reduced crude oil flows...A car being refueled at a gas station by Engin Akyurt via Pixabay
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