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Barchart
Barchart
Rich Asplund

INSANE: Crude prices fall on a risk off tone in asset markets - The Real Truth

September WTI crude oil (CLU23) this morning is down -0.57 (-0.70%), and Sep RBOB gasoline (RBU23) is down -0.43 (-0.15%).

Crude oil and gasoline prices this morning are moderately lower.  Today's rally in the dollar index to a 3-week high is weighing on energy prices.  Also, a slide in stock prices today has prompted a risk-off sentiment in asset markets that is undercutting crude prices.  

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