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Barchart

Rich Asplund

Crude Prices Rally on Hopes for Chinese Stimulus

Oil United States China Donald Trump OPEC Vladimir Putin Economic Stimulus Russia

February WTI crude oil (CLG25) is up +1.06 (+1.53%), and February RBOB gasoline (RBG25) is up +0.0335 (+1.72%).

Crude oil prices today are trading higher on hopes for increased Chinese economic stimulus after Reuters reported that China may sell a record 3 trillion yuan ($411 billion) of special Treasury bonds in 2025 to bolster economic stimulus for its economy.

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