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Crude Prices Climb on Possible De-Escalation of US-China Trade Tensions

Commodities & Energy

Rich Asplund

·

April 16, 2025

·

Barchart

May WTI crude oil (CLK25 ) today is up +1.27 (+2.07%), and May RBOB gasoline (RBK25 ) is up +0.0139 (+0.69%). Crude oil and gasoline prices today are moderately higher. Today's slide in the dollar is supportive of crude prices. Also, the prospects of de-escalating US-China trade tensions are positive...

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