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Rich Asplund

BIZARRE: Crude prices slightly higher on dollar weakness | Mind Blowing Facts

Oil Libya United States

Nov WTI crude oil (CLX24) today is up +0.12 (+0.18%), and Nov RBOB gasoline (RBX24) is up +0.10 (+0.05%).

Crude oil and gasoline prices today are slightly higher. Short covering emerged in crude oil today after the dollar index (DXY00) tumbled to a 14-month low. Crude also has support on optimism that this week's action by the Chinese government to increase economic stimulus measures will boost crude demand.

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