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Rich Asplund

Crude Oil Prices Pull Back on Energy Demand Concerns

Oil United States OPEC Donald Trump Russia GDP Iran Ukraine EIA Vortexa

March WTI crude oil (CLH26) today is down -0.47 (-0.71%), and March RBOB gasoline (RBH26) is down -0.0070 (-0.35%).

Crude oil and gasoline prices are moving lower today amid concerns about energy demand after US Q4 GDP grew at a slower-than-expected pace. However, losses in crude are limited due to a weaker dollar and geopolitical risks in the Middle East.

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