April WTI crude oil (CLJ26) today is down -0.55 (-0.74%), and April RBOB gasoline (RBJ26) is up +0.0172 (+0.70%).
Crude oil and gasoline prices are mixed today, with gasoline posting a 19.5-month high. Energy prices have been volatile today, whipsawed by headlines. Crude prices initially tumbled today on a NY Times report that said Iranian operatives made an offer to the US to discuss terms for ending the conflict. However, prices shot higher after Iran denied the report. Crude prices then fell back on a bearish weekly EIA inventory report.
