On Tuesday, July WTI crude oil (CLN23) closed down -0.41 (-0.57%) and July RBOB gasoline (RBN23) closed up +3.99 (+1.58%). While crude oil and gasoline prices settled in a mixed manner on Tuesday, a stronger dollar had an adverse impact on the former. In addition to that, crude oil prices faced further pressure due to concerns over the global economy’s expected slowdown.
Crude oil prices fall due to a strong dollar and weak economic news
By James Taylor
James Taylor
A writer and finance enthusiast who loves diving into the exciting world of stocks, commodities, forex, and crypto. I'm all about making the financial markets less intimidating and more accessible, so I write engaging content that simplifies complex concepts and shares practical investment strategies. Whether you're a seasoned investor or just getting started, I've got your back! But hey, life isn't all about work, right? On weekends, you'll find me hanging out and having a blast with my awesome friends and family. We love bonding over shared interests, trying out new adventures, and simply enjoying each other's company. Striking that balance between work and play is super important to me, because what's the point of success if you can't share it with the people you love? So, if you're up for some financial market insights and a good dose of weekend fun, stick around! Together, we'll navigate the money world and make the most of our time off. Let's learn, grow, and create memories along the way!
Related Posts
