Oil Prices Fall Below $90 for First Time Since August
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6 Articles
Brent - a reference to the world oil market - fell to $89.66 a barrel in the morning hours
Oil prices fall below $90 for first time since August
Oil prices have fallen below $90 a barrel for the first time since August, amid renewed hopes for a Middle East ceasefire deal and an uptick in traffic through the Hormuz strait. Brent crude dropped below the symbolic milestone on Tuesday morning, after Donald Trump declared the war with Iran was “effectively over” at a White House press conference. The President said the US remained “locked and loaded, ready to go for any reason” should there b…
Oil prices this Tuesday increased the losses of the previous session, after U.S. President Donald Trump overemphasized the need for additional military action against Iran.
International oil benchmark Brent fell below $90 a barrel on Tuesday for the first time since August.
The last time the barrel of oil type brent stayed on this level was at the end of August this year. Price fell 2.91% in the last 24 hours
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