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Crude Oil Rallies on News of a US-UK Trade Deal

Commodities & Energy

Rich Asplund

·

May 8, 2025

·

Barchart

June WTI crude oil (CLM25 ) today is up +1.66 (+2.86%), and June RBOB gasoline (RBM25 ) is up +0.0522 (+2.57%). Crude oil and gasoline prices today are moderately higher after President Trump announced a trade deal with the UK, which eased trade tensions and bolstered optimism that more trade...

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