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Barchart
Barchart
Rich Asplund

Crude Prices Little Changed Awaiting US-Iran Negotiations

Oil United States Iran EIA OPEC Donald Trump Middle East Ukraine Russia

March WTI crude oil (CLH26) today is down -0.06 (-0.09%), and March RBOB gasoline (RBH26) is up +0.0154 (+0.81%).

Crude oil and gasoline prices are mixed today in hopes that negotiations between Iran and the US will ease tensions in the Middle East.  Also, today's dollar strength is bearish for crude prices.  Losses in crude are limited due to a bullish weekly EIA report that showed crude supplies fell more than expected.

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