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Barchart
Barchart
Rich Asplund

Crude Prices Slip as Geopolitical Risks Ease

March WTI crude oil (CLH26) today is down -0.18 (-0.29%), and March RBOB gasoline (RBH26) is down -0.0125 (-0.64%).

Crude oil and gasoline prices are under pressure today, falling to 1.5-week lows.  The easing of US-Iran tensions has lowered geopolitical risks and is weighing on crude prices.  Also, speculation that OPEC+ may soon boost its crude production levels is bearish for crude prices.

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