Crude Prices Slip on Dollar Strength and Hawkish Fed

June WTI crude oil (CLM24) today is down -0.62 (-0.78%), and June RBOB gasoline (RBM24) closed down -1.74 (-0.69%). Crude oil and gasoline today are moderately lower for a second day. A stronger dollar today is bearish for energy prices. Also, Fed comm…

Crude Prices Slip on Dollar Strength and Hawkish Fed

June WTI crude oil (CLM24) today is down -0.62 (-0.78%), and June RBOB gasoline (RBM24) closed down -1.74 (-0.69%). Crude oil and gasoline today are moderately lower for a second day. A stronger dollar today is bearish for energy prices. Also, Fed comm…