Crude Prices Falter on Dollar Strength and Easing Middle East Tensions

Written on 01/18/2025
Rich Asplund

February WTI crude oil (CLG25 ) Friday closed down -0.80 (-1.02%), and February RBOB gasoline (RBG25 ) closed down -0.0110 (-0.52%). Crude and gasoline prices on Friday settled moderately lower, weighed down by a stronger dollar. Also, Friday's action by Israel's security cabinet to approve a ceasefire and hostage-prisoner exchange...A sunset over a fuel tanker by Sebastian via Pixabay
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