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Rich Asplund

Crude Surges as President Trump Threatens to Curb Russian Crude Exports

Donald Trump Oil United States crude oil Russia OPEC Vladimir Putin China Hamas Vortexa

May WTI crude oil (CLK25) Monday closed up +2.12 (+3.06%), and May RBOB gasoline (RBK25) closed up +0.0472 (+2.10%).

Crude oil and gasoline prices rallied sharply Monday, with crude posting a 5-week high and gasoline posting a 7-month nearest-futures high. Crude rose Monday after President Trump threatened to curtail crude exports from Russia, the world's third-largest oil producer. Bearish factors for crude were a stronger dollar and concern about economic damage from US tariffs.

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One subscription that gives you access to news from hundreds of sites

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Lawyers for ex-Olympian cleared in Reflecting Pool case call for government watchdog investigations

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