Crude Prices End Lower on Speculation US Will Ease Russian Crude Sanctions

Written on 01/18/2025
Rich Asplund

February WTI crude oil (CLG25 ) Thursday closed down -1.36 (-1.70%), and February RBOB gasoline (RBG25 ) closed down -0.0357 (-1.65%). Crude and gasoline prices retreated Thursday on speculation that President-elect Trump will ease sanctions on Russian energy exports to facilitate a diplomatic accord between Russia and Ukraine. Crude prices...Stacked oil barrels by JONGHO SHIN via iStock
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