Crude Prices Retreat on Claims of Progress in Ending Russian-Ukraine War

Written on 08/06/2025
Rich Asplund

September WTI crude oil (CLU25 ) on Wednesday closed down -0.81 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0.0011 (-0.05%). Crude oil and gasoline prices gave up an early rally Wednesday and turned sharply lower after President Trump said "great progress was made" in a meeting between US...Oil pipeline in winter by Robson Machado via Pixabay
Read full article