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Barchart
Barchart
Rich Asplund

Crude Oil Sees Support from Preliminary US-China Trade Deal

Oil United States China Volodymyr Zelenksyy Russia OPEC Ukraine

December WTI crude oil (CLZ25) is up +0.23 (+0.37%), and December RBOB gasoline (RBZ25) is up +0.0058 (+0.31%).

Crude oil prices are trading higher today on economic optimism after news of a preliminary US-China trade agreement.  Also, crude oil prices saw support after Ukrainian President Zelensky said Ukraine will expand its military strikes on refineries deep inside Russia.

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