November WTI crude oil (CLX23) on Tuesday closed up +0.41 (+0.46%), and Nov RBOB gasoline (RBX23) closed down -5.21 (-2.16%).
Nov WTI crude oil and gasoline prices on Tuesday settled mixed, with gasoline falling to a 5-month low. Tuesday's rally in the dollar index (DXY00) to a 10-1/4 month high is negative for energy prices. Crude prices have support on tightness in global crude supplies. Gains in crude were limited, and gasoline fell, as Tuesday's jump in T-note yields to a 16-year high may curb economic growth and energy demand.
