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Rich Asplund

Oil Prices Slide on Improved US-Iran Peace Prospects

Oil Iran United States Donald Trump OPEC

July WTI crude oil (CLN26) today is down -0.29 (-0.31%), and July RBOB gasoline (RBN26) is up +0.0390 (+1.26%).

Crude oil prices are under pressure today on improved prospects for a peace deal between the US and Iran. President Trump said negotiations with Iran are continuing "at a rapid pace" and he's optimistic the US can reach an interim peace deal with Iran" over the next week."

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