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Barchart
Barchart
Rich Asplund

Crude Rallies as US Ramps-Up Sanctions on Iranian Crude Exports

Oil United States OPEC China Hamas Vortexa

April WTI crude oil (CLJ25) today is up +1.28 (+1.91%), and April RBOB gasoline (RBJ25) is up +0.0189 (+0.87%).

Crude oil and gasoline prices are climbing today after the US ramped up sanctions on Iranian crude exports.  Crude prices also garnered support from today's better-than-expected US economic news, a supportive factor for energy demand.  Gains in crude were limited due to a stronger dollar.

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