The dollar gained against the ruble Monday after falling during Friday’s session as crude oil prices again fell to five-year lows.
The dollar USDRUB, +0.03% traded at 53.6764 Monday, up from 52.68, its level from Friday afternoon.
The dollar JPYUSD, +0.40% depreciated to 120.5160 yen, its largest single-session drop since Oct. 15. It traded around ¥120.27 Friday.
The euro EURUSD, -0.05% traded at $1.2328 Monday, compared to $1.2300 Friday.
The ICE U.S. Dollar Index DXY, -0.02% , a measure of the greenback’s strength against a basket of six rival currencies, was down 0.26% to 89.1060, its first loss in two sessions.
Nymex reformulated gasoline blendstock for January RBF5, -0.66% — the benchmark gasoline contract — fell 6 cents, or more than 3%, to end at $1.71 a gallon.
Crude-oil prices again tumbled to five-year lows Monday, pressured by forecasts that a global glut of oil will persist into the first half of next year.
On the New York Mercantile Exchange, crude futures for January delivery CLF5, -0.78% dropped $2.79, or 4.2%, to settle at $63.05 a barrel.
January Brent crude on London’s ICE Futures exchange LCOF5, -1.04% dropped $2.88, or 4.2%, to settle at $66.19 a barrel. The European benchmark suffered the lowest settlement for a front-month contract since Sept. 29, 2009.