Crude Oil Prices Rise on Dollar Weakness and Geopolitical Risks

Written on 02/06/2026
Rich Asplund

March WTI crude oil (CLH26 ) today is up +0.79 (+1.25%), and March RBOB gasoline (RBH26 ) is up +0.0291 (+1.51%). Crude oil and gasoline prices recovered from early losses today and moved higher after the dollar weakened. Also, concerns that the US-Iranian talks in Oman will not lead to...Crude oil unloading dock by Surapol Usanakul via Shutterstock
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