# Focus on Fracking: natural gas prices crash on milder weather, heat oil imports at a 8 year high, Cabot in Mansfield area, et al

> Oil prices fell for two days as a stronger dollar and rising U.S. crude output weighed on the market, with WTI closing at $64.50 on Tuesday. The dollar then strengthened further after a strong jobs report, and crude ended the Friday session down 35 cents at $65.45.

- Date: 2018-02-04 · published 2018-02-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7451-focus-on-fracking-natural-gas-prices-crash-on-milder-weather-heat-oil-imports
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and rising U.S. crude supply pressure oil prices lower, which affects diesel and fuel costs for feed transport. Crude weakness also lowers the cost of energy inputs across agriculture.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WTI | 2018-02-09 | 5 | -9.6% | -3.1 | A stronger dollar after the jobs report and rising U.S. crude output weighed on WTI through currency and supply channels, contributing to the weekly decline, though the cited price levels cover only part of the move. |

## Sources

- focusonfracking.blogspot.com: http://focusonfracking.blogspot.com/2018/02/natural-gas-prices-crash-on-milder.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.