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Barchart
Barchart
Rich Asplund

YOU WONT BELIEVE: Crude prices pressured by constructive iran us nuclear talks - You Need To See This

Oil United States Iran Donald Trump OPEC Hamas Vortexa

May WTI crude oil (CLK25) today is down -0.11 (-0.18%), and May RBOB gasoline (RBK25) is up +0.0172 (+0.86%).

Crude oil and gasoline prices today are mixed.  Today's weaker dollar is supportive of energy prices.   Also, easing some US tariffs lifted equity markets and sparked risk-on sentiment in asset markets after President Trump paused reciprocal tariffs on consumer electronics.  However, crude prices are under pressure on reports of constructive nuclear talks between the US and Iran, which could lead to easing export restrictions on Iranian crude.  

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