WTI crude oil futures for September rose $1.97, or 3.11%, to $64.11 a barrel.
The weakening of the dollar caused crude oil prices to rise after falling 8.9% last week.
The dollar movement index against the six major currencies in a basket of currencies fell 0.24% today, driving the crude oil market. This is because crude oil contracts are settled in dollars. For investors holding other currencies, this results in attractive prices.
Investors continue to watch the report on U.S. crude oil inventories. The information will be released on Wednesday by the U.S. Energy Information Administration (EIA).
The Spot Market is Open
Tuesday.24 Aug-2021
| Metals Updated at | USD Bid/Ask | Ounce Change | Low/High |
| Gold 06.00 | 1,805.30 1,806.30 | -0.20 -0.01% | 1,804.90 1,807.10 |
| Silver 06.00 | 23.62 23.72 | -0.00 -0.02% | 23.61 23.74 |
| Platinum 06.00 | 1,016.00 1,026.00 | +2.00 0.20% | 1,014.00 1,026.00 |
| Palladium 06.00 | 2,336.00 2,486.00 | +6.00 0.26% | 2,326.00 2,490.00 |
| Rhodium 05.00 | 15,800.00 17,800.00 | 0.00 0.00% | 15,800.00 17,800.00 |
| Energy Updated at | Price | Change | %Change |
| Crude Oil 06.00 | 65.60 | -0.04 | -0.06% |