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Rich Asplund

Crude Prices Rise on Doubts About a US-Iran Nuclear Deal

Oil United States Iran OPEC China University of Michigan Vortexa

June WTI crude oil (CLM25) today is up +0.49 (+0.80%) and June RBOB gasoline (RBM25) is up +0.0012 (+0.06%).

Crude oil and gasoline prices are moving higher today after Iran's foreign minister expressed doubts about the status of nuclear talks with the US. Gains in crude are limited by a stronger dollar and after the University of Michigan US May consumer sentiment index unexpectedly fell to a 3-year low.

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