Crude Prices Fall on Hopes for US-Iran Negotiations

Written on 05/01/2026
Rich Asplund

June WTI crude oil (CLM26 ) on Friday closed down -3.13 (-2.98%), and June RBOB gasoline (RBM26 ) closed down -0.0198 (-0.55%). Crude oil and gasoline prices gave up early gains on Friday and settled sharply lower, with gasoline falling from a 3.75-year high. Crude prices came under pressure on...Oil production with Iran flag by EVER STOCK via Shutterstock
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