Pres. Trump: Anyone who takes oil from Iran cannot do business with the US

Pres. Trump says that anyone who takes oil from Iran cannot do business with the US. Oil has ticked up on the headline but is still down modestly on the day. The current prices trading at $58.11 that’s down around $0.06 on the day.

The high price reached $59.01 the low price was down at $56.42. The low price for the month of April intraday reached $55.15. But the low close from April 8 was $58.15. Yesterday the price closed just above that of $58.17 the low price in April reached the lowest level going back to February 2021.

This article was written by Greg Michalowski at www.forexlive.com.