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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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Jun WTI crude oil this morning is down -23 cents (-0.40%) and Jun gasoline is down -0.0028 (-0.14%). Monday's closes: CLM5 -0.16 (-0.28%), RBM5 -0.0043 (-0.21%). June crude oil and gasoline prices on Monday closed lower after Saudi Arabian Deputy Oil Minister Prince Abdulaziz bin Salman indicated that Saudi Arabia will maintain its high production levels when he said that the global oil market is in "excellent" condition and Saudi Arabia will “supply any demand for Saudi oil.”