Crude Plunges on Dollar Strength and a Weak Global Energy Demand Outlook

December WTI crude oil (CLZ23 ) on Tuesday closed down -3.45 (-4.27%), and Dec RBOB gasoline (RBZ23 ) closed down -0.0682 (-3.05%). Crude oil and gasoline prices Tuesday sold off sharply, with crude dropping to a 3-1/2 month low and gasoline sliding to a 4-week low. A stronger dollar on…