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Rich Asplund

Crude Prices Supported by Doubts About Ukrainian Peace Plan

Oil United States OPEC Russia Ukraine Donald Trump

September WTI crude oil (CLU25) on Friday closed unchanged, and September RBOB gasoline (RBU25) closed up +0.086 (+0.41%).

Crude oil and gasoline prices on Friday settled mixed. Crude finished the session little changed but had support from doubts about whether a US peace plan to end the Russian-Ukraine war will gain Ukrainian or international support. Crude prices also garnered support from a weaker dollar and a rally in stocks, which showed confidence in the economic outlook.

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