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Crude Prices Gain on Dollar Weakness and Additional US Sanctions on Iranian Oil

Commodities & Energy

Rich Asplund

·

May 13, 2025

·

Barchart

June WTI crude oil (CLM25 ) today is up +1.30 (+2.10%), and June RBOB gasoline (RBM25 ) is up +0.0211 (+0.99%). Crude oil and gasoline prices today are moving sharply higher due to a weaker dollar and a rally in stocks, which shows confidence in the economic outlook that is...

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