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Barchart
Barchart
Rich Asplund

EXPLAINED: Crude prices push higher as iran risks remain | Rare Historical Photos

Oil United States Iran Donald Trump OPEC IEA EIA

March WTI crude oil (CLH26) today is up +0.13 (+0.22%), and March RBOB gasoline (RBH26) is up +0.0228 (+1.23%).

Crude oil and gasoline prices are moving higher today, with gasoline climbing to a 7-week high.  Crude is finding support today from a weaker dollar and the IEA's decision to cut its global crude surplus estimate for this year.  Also, President Trump is still looking at possible military actions against Iran, which could disrupt Middle East crude supplies.

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