Crude Oil Prices Boosted by Dollar Weakness and Iranian Protests

Written on 01/12/2026
Rich Asplund

February WTI crude oil (CLG26 ) today is up +0.21 (+0.36%), and February RBOB gasoline (RBG26 ) is up +0.0147 (+0.83%). Crude oil and gasoline prices are moving higher today, with crude posting a 5-week high. Today's dollar weakness is bullish for energy prices. Also, rising tensions in Iran, the...Oil tanker in open sea by StockStudio via Shutterstock
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