Crude Oil Correction Could Deepen as Market Shrugs Off Trump’s Tariff Threats
5 Articles
5 Articles
Oil is falling, still undermined by the absence of sanctions against Moscow Admin FCE 15 Jul 2025 - 21:03 Oil prices have fallen again on Tuesday, stricken by the absence of new sanctions by the United States against Russian oil as well as by fears of an oversupply.The price of the Brent barrel of the North Sea, for delivery in September, has lost 0.72% to 68.71 dollars.His American equivalent, the barrel of West Texas Intermediate, for delivery…
The Brent oil type for September closed at a drop of 0.72% and WTI for delivery in August lost 0.69%
On Monday, Trump postponed a decision on possible measures for 50 days, fueling hopes that he might not impose sanctions after all.
Crude Oil Prices Remain Weak on Lack of Fresh Russian Sanctions
August WTI crude oil (CLQ25 ) on Tuesday closed down -0.46 (-0.69%), and August RBOB gasoline (RBQ25 ) closed up +0.0042 (+0.19%). Crude oil prices continued to show weakness on Tuesday after President Trump refrained from imposing new sanctions on Russian oil exports on Monday. Mr. Trump only threatened tariffs...
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