Crude Oil Prices Pressured by Diplomatic Hopes in the Middle East

October WTI crude oil (CLV26 ) is down -0.17 (-0.18%) today, and October RBOB gasoline (RBV26 ) is up +0.0673 (+1.94%). Crude oil and gasoline prices are mixed today, with crude falling to a 3-week low. Today’s rally in the dollar index ($DXY) to a 7-week high is bearish for...Satellite view of the Middle East and the Strait of Hormuz with Iran highlighted_ Image by FoxPictures via Shutterstock_