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Barchart
Barchart
Rich Asplund

FORGOTTEN HISTORY: Crude prices slip as weekly eia crude inventories unexpectedly climb - The Untold Story

June WTI crude oil (CLM25) today is down -0.67(-1.05%) and June RBOB gasoline (RBM25) is down -0.0026 (-0.12%).

Crude oil and gasoline prices today are moving lower after weekly EIA crude inventories unexpectedly increased last week.  Also, comments from President Trump weighed on crude oil when he said he wanted to make a nuclear deal with Iran, which could end sanctions on Iranian crude exports and boost global oil supplies.  Today's weaker dollar is limiting losses in crude prices.

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