Crude oil sinks deeper into eight-month lows as dollar extends surge

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil futures tumbled more than 2% Monday after an early rally fizzled, declining as equity markets fell and the U.S. dollar surged to fresh 20-year highs while fears of a recession overwhelmed all other factors.

Recommended For You

Comments (33)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.