Crude Closes Lower as Dollar Strengthens, Gasoline Prices Slide

摘要

Crude oil futures ended lower on Tuesday, falling in early trading as the dollar strengthened, but then paring losses as the greenback weakened after a Federal Reserve official said he did not believe the US central bank should pull back on its quantitative easing program. US crude oil prices were further pressured by sinking gasoline prices. The June Nymex WTI crude contract expired on Tuesday.