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Rich Asplund

Crude Oil Trades Lower Ahead of Friday's Trump-Putin Summit

Oil Donald Trump OPEC United States Alaska Russia

September WTI crude oil (CLU25) today is down -0.70 (-1.09%), and September RBOB gasoline (RBU25) is down -0.044 (-0.21%).

Crude oil prices are trading lower in light summer trading on the possibility of progress in the Trump-Putin summit in Alaska on Friday, which could result in reduced sanctions on Russian oil. The oil markets also remain concerned about an oversupply of oil through year-end.

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