Possible US-Iran Ceasefire Extension Knocks Crude Prices Lower

Written on 04/15/2026
Rich Asplund

May WTI crude oil (CLK26 ) on Wednesday closed down -0.05 (-0.05%), and May RBOB gasoline (RBK26 ) closed up +0.0297 (+0.98%). Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 3-week low. Crude prices came under pressure on Wednesday after the AP reported that...Filling a vehicle with Biofuel by Scharfsinn via Shutterstock
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