Oil Prices Drop as Tariff Jitters Weigh; Weekly Gains Likely – Oil & Gas 360
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6 Articles
Oil Prices on International Markets fall below $70
Oil prices fell below $70 on international markets today as investors worried about the announced wave of US tariffs. On the London market, the price of a barrel for delivery in November was $1.90 lower than yesterday, at $69.80. On the US market, a barrel was trading at $1.77 lower today, at $67.49. US President […] The post Oil Prices on International Markets fall below $70 appeared first on Sarajevo Times.
Oil prices drop below 70 dollars amid trade tensions
Oil prices on world markets fell below the $70 per barrel mark last Friday. The main reason for this situation is the announcement of the introduction of a new package of US tariffs, which caused concern among investors. The announcement fueled fears that trade tariffs could slow the global economy and reduce demand for energy. On the London Stock Exchange, a barrel of oil for delivery in October fell by $1.90 compared to the previous day, and t…
Oil prices drop as tariff jitters weigh; weekly gains likely – Oil & Gas 360
(Investing) – Oil prices slipped lower U.S. President Donald Trump outlined tariffs against a slew of countries, ramping up concerns over their potential impact on oil demand. At 08:05 ET (12:05 GMT), Brent oil futures for October fell 0.7% to $71.21 a barrel and West Texas Intermediate crude futures dropped 0.6% to $68.85 a barrel. But crude prices were still set for gains of over 5% this week, having benefited from threats of even stricter U.S.
Oil Prices Tumble Ahead of Trump's Tariffs Deadline
By Adedapo Adesanya Oil prices declined on Thursday as US President Donald Trump’s August 1 tariff deadline loomed over investors, with uncertainty surrounding countries yet to negotiate a trade deal with the US. Brent crude futures lost 71 cents or 0.97 per cent to $72.53 a barrel and the US West Texas Intermediate (WTI) crude […]
Oil prices were little changed in Asian trading today as traders weighed the impact of new tariffs on US imports, fearing they could curb economic activity and dampen global oil demand growth.
Oil Prices Fall: Trump Tariffs & Economic Outlook - Archyworldys
Oil Price Volatility: Navigating the Looming Era of Geopolitical Risk and Demand Shifts Global oil prices have experienced a rollercoaster ride in… The post Oil Prices Fall: Trump Tariffs & Economic Outlook appeared first on Archyworldys.
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