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Barchart
Barchart
Rich Asplund

Crude Prices Recover on Dollar Weakness and US-Iran Tensions

Oil United States Iran OPEC Donald Trump India Ukraine EIA Russia

March WTI crude oil (CLH26) today is up +0.72 (+1.16%), and March RBOB gasoline (RBH26) is up +0.0355 (+1.92%).

Crude oil and gasoline prices recovered from early losses today and moved higher as the dollar weakened.  Also, ongoing US-Iran tensions are underpinning crude prices, as is a US-India trade deal that may require India to scale back imports of discounted Russian crude.  

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