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Barchart
Barchart
Rich Asplund

MYSTERIOUS: Crude prices supported by energy demand optimism | Mind Blowing Facts

December WTI crude oil (CLZ25) on Thursday closed up +0.09 (+0.15%), and December RBOB gasoline (RBZ25) closed up +0.0019 (+0.10%).

Crude oil and gasoline prices posted modest gains on Thursday.  An easing of US-China trade tensions is supportive for economic growth prospects and energy demand after President Trump and President Xi Jinping on Thursday agreed to extend a tariff truce, roll back export controls, and reduce other trade barriers.

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