Oil-themed funds open high and go lower, Trump says Iran wants to reach an agreement.

Oil-themed funds opened high and then fell down, Jiashi Crude Oil LOF, Crude Oil LOF E Fund, and South Crude Oil LOF all turned down in the afternoon. The aforementioned funds all rose by more than 7% in early trading, while Standard & Poor Oil and Gas ETF Fuguo, and Petrochemical LOF all turned down. Earlier, US President Trump said that Iran had called earlier and they wanted to reach a deal.