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Jim Prince, 25-year commodity market veteran, just posted a 3+ minute video about a recent move in the commodity markets. Watch it now, and he'll send you a free companion PDF and an email reminder every time he posts a new Daily Alert video.
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May WTI crude oil this morning is down -$1.10 a barrel (-2.26%) and May gasoline is down -0.0293 (-1.63%) at a 1-week low. Monday's closes: CLK5 -0.19 (-0.39), RBK5 -0.0025 (-0.14%). Crude oil and gasoline prices on Monday closed mildly lower due to the rally in the dollar and the remote chance that a last-minute agreement might be reached on Iran's nuclear program. Crude oil received some underlying support from the rally in global stocks and on hopes for additional Chinese stimulus.