June WTI crude oil (CLM26 ) on Wednesday closed down -7.19 (-7.03%), and June RBOB gasoline (RBM26 ) closed down -0.1613 (-4.46%). Crude oil and gasoline prices plummeted on Wednesday, with crude falling to a 2-week low and gasoline sliding to a 1-week low. Optimism that a US-Iran peace deal...Petroleum oil and gas process offshore field by Saknarong Butsabong via Shutterstock
Read full articleCrude Oil Prices Sink on Improved Iran Peace Prospects
Written on 05/06/2026
Rich Asplund

