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Rich Asplund

Crude Oil Prices Erase Early Gains on the Outlook for Iraq to Boost Crude Exports

Oil Iraq OPEC United States EIA European Union

August WTI crude oil (CLQ25) today is up +0.02 (+0.03%), and August RBOB gasoline (RBQ25) is down -0.0114 (-0.53%).

Crude oil prices today gave up an early advance and are little changed, amid concerns that Iraq will soon boost its crude exports after approving a plan for its semi-autonomous Kurdish region to resume crude exports through the Iraq-Turkey pipeline.

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