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strikeApr 16, 2026

Possible US-Iran Ceasefire Extension Knocks Crude Prices Lower

Summary

May WTI crude oil (CLK26) on Wednesday closed down -0.05 (-0.05%), and May RBOB gasoline (RBK26) closed up +0.0297 (+0.98%). Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 3-week low.

Source: Barchart — Read the full report

Actors involved

USIranEURussia

Sources

  • BarchartBy Barchart

    May WTI crude oil (CLK26) on Wednesday closed down -0.05 (-0.05%), and May RBOB gasoline (RBK26) closed up +0.0297 (+0.98%). Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 3-week low. Crude prices came under pressure on Wednesday after the AP re…

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