Oil prices fall to two-week low as trade war concerns dampen demand outlook

Fuel oil is not as cheap as it has been for months. Donald Trump's trade dispute is behind the fall in prices – German consumers are now hitting massively.

New York, Apr 29 (EFE).- The price of Texas intermediate oil (WTI) fell by 2.63% this Tuesday, up to $60.42 a barrel, with the pending market of the trade war initiated by the United States. At the close of the New York Stock Exchange, the futures contracts of the WTI for delivery in June subtracted $1.63 from the previous day. The market remains attentive to the negotiations of the Donald Trump government with a multitude of countries, to which…

The price of oil has fallen significantly in the midst of growing economic concerns. According to the original report, investors have reduced their expectations of demand growth due to the persistent trade war between the United States and China, the world’s two largest economies. Brent’s price fell 51 cents, 0.8%, to $65.35 per barrel, while West Texas’s Intermediate dropped 50 cents, also 0.8%, to $61.55 per barrel. Both crude price references…

Oil prices fall to two-week low as trade war concerns dampen demand outlook

Brent crude futures fell by $1.61 to settle at $64.25 a barrel while U.S. West Texas Intermediate crude dropped by $1.63 to settle at $60.42

Oil Prices Down Nearly 2% on Demand, Iran, Tariffs

Oil prices were trading down 2% intraday, driven by ongoing demand fears combined with perceived progress on Iran nuclear talks and tariff whiplash, which continues to unsettle markets

New York, United States.- Brent crude prices fell more than a dollar this Monday, due to economic concerns over the US-China trade war, which are tarnishing global growth prospects and fuel demand. Brent futures dropped $1.01, or $1.51 percent, to $65.86 a barrel, and West Texas Intermediate in the United States gave 97 cents, or 1.54 percent, to $62.05. Brent futures climbed marginally in the previous two sessions, but closed last week with a d…