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Crudo dropped 3%; market evaluates tariffs to China
Summary by El Economista
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Oil prices fell by more than $2 per barrel on Thursday, erasing the rebound of the last session, as investors reevaluated a planned pause in US tariffs and focused on an ever-deepening trade war between Washington and Beijing.The futures of West Texas Intermediate crude dropped $2.28, or 3.7%, and closed to $60.77 per barrel. Brent crude futures dropped $2.15, or 3.3 percent, to $63.33 per barrel.
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