Crude Rallies on US-China Trade Talk Optimism
June WTI crude oil (CLM25 ) Friday closed up +1.11 (+1.85%), and June RBOB gasoline (RBM25 ) closed up +0.0230 (+1.10%). Crude oil and gasoline prices on Friday rallied to 1-1/2 week highs and settled moderately higher. Friday’s weaker dollar was bullish for energy prices. Also, optimism about this weekend’s…