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Rich Asplund

Crude Oil Prices Slide as President Trump Said Iran Peace Talks to Continue

Oil Donald Trump United States Iran OPEC International Energy Agency Vortexa

August WTI crude oil (CLQ26) today is down -0.88 (-1.22%), and August RBOB gasoline (RBQ26) is down -0.0891 (-2.93%).

Crude oil and gasoline prices gave up an early advance today and turned lower as prices whipsawed on various news headlines. Crude prices initially jumped after Iran vowed to respond to the US attacks this week on Iran’s rail and maritime infrastructure. However, crude gave up its advance and turned lower after President Trump said that the US would continue peace talks with Iran.

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