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Oil on watch after Iran dismisses Trump

Apr. 25, 2018 5:06 AM ETUCO, USO, OIL-OLD, DBO, USL, DTO, OLO-OLD, SCO, DNO, BNO, OILX, OILK, UWT, DWT, WTID-OLD, WTIU-OLD, USOI, USOU, USOD, UBRT, DBRT, USAI, OILU-OLD1, OILD, SZOXF, OILBy: Yoel Minkoff, SA News Editor8 Comments
  • Crude prices whipsawed yesterday after President Trump called the Iran nuclear deal "insane," while France's Emmanuel Macron discussed a new agreement which would block Iranian nuclear activity until 2025.
  • Prices are on watch again today, with Iranian President Hassan Rouhani dismissing Trump as a "tradesman" and warning of "severe consequences" if the U.S. were to pull out of the accord.
  • Crude +0.3% to $67.87/bbl.
  • ETFs: USO, OIL, UWT, UCO, DWT, SCO, BNO, DBO, DTO, USL, DNO, OLO, SZO, OLEM, WTIU, OILK, OILX, WTID, USOI, USOU, USOD, UBRT, DBRT, OILD, OILU, USAI

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