Price Of Crude Oil Extends Recent Upward Trend

(RTTNews) - Extending a recent upward trend, the price of crude oil moved to the upside during trading on Tuesday. Crude oil for May delivery rose $0.32 to $53.40 a barrel, reaching its highest closing level in a month.

The increase by the price of crude oil reflected geopolitical concerns on the heels of President Donald Trump's decision to launch a missile strike at an airbase in Syria.

Trump also lashed out at North Korea on Twitter on Tuesday, urging China to do more to rein in its communist neighbor.

"I explained to the President of China that a trade deal with the U.S. will be far better for them if they solve the North Korean problem!" Trump tweeted.

He added, "North Korea is looking for trouble. If China decides to help, that would be great. If not, we will solve the problem without them! U.S.A."

The tweets from Trump come following his meeting with Chinese President Xi Jinping at his Mar-a-Lago resort in Florida last week.