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Oil Slides as Dollar Rallies
Crude oil futures are falling hard in early morning trading Friday at the New York Mercantile Exchange, pressured by an impressive showing by the U.S. dollar in the European trading session.
West Texas crude oil for September delivery was recently sliding $2.05 to $117.97 a barrel, and Brent crude was down $1.81 at $116.05 a barrel.
The falling price of crude is dragging the remainder of its peers in the energy space down with it; reformulated gasoline was recently losing 4 cents at $2.97 a gallon, heating oil was 5 cents lower at $3.18 a gallon, and near-term natural gas was losing 8 cents at $8.49 per million British thermal units. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
|
|
UP
34.92
|
UP
4.14
|
UP
6.16
|
DOWN
0.30
|
10 Yr
3.20%
SPDR Gold
115.65
|
|
+0.34%
|
+0.38%
|
+0.29%
|
-0.93%
|
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