The greenback strengthened today following the Federal Reserve's remarks yesterday signaling a potential interest rate hike in June.
If economic data continues to improve, the central bank could take action and raise rates.
When the value of the dollar goes up it usually weighs on commodities as a whole, MarketWatch noted.
Crude oil (WTI) is unchanged at $498.19 per barrel and Brent crude is decreasing 0.18% to $48.84 per barrel.
Despite this bearish sentiment, oil prices were paring earlier losses on concerns about more supply disruptions from Nigeria's main crude oil terminal, Reuters reports.
Separately, TheStreet Ratings currently has a "Sell" rating on the stock with a letter grade of D.
The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow, generally high debt management risk and disappointing return on equity.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.
You can view the full analysis from the report here: CNX