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Brent crude dipped below $60 per barrel for the first time in four years as Donald Trump’s sweeping global import tariffs went into effect and his trade war with China escalated.
Crude oil futures surrendered early gains and fell for a fourth straight session, with WTI and Brent futures both hitting ...
The front-month Brent crude futures contract was down by 6.3% to $58.83 per barrel as of 12.40 in London on Tuesday, while ...
China’s finance ministry announced it would impose 84% tariffs on US goods starting Thursday, up from a previously planned 34 ...
Brent oil prices are volatile due to concerns about US tariffs, potential global recession, and OPEC+ supply decisions. Click ...
The oil sell-off took a leg lower after Beijing announced retaliatory tariffs of 84% on U.S. goods in response to Trump's ...
The global oil market has faced significant turbulence in recent sessions due to the Trump administration’s intensification ...
Oil prices fell for a fifth day on Wednesday to their lowest since February 2021 after U.S. President Donald Trump's ...
Oil prices fell to a four-year low on Wednesday while several commodities, including coffee, tumbled as the trade war between ...
In the early morning hours today, Brent crude futures slipped $2.13, or 3.39 per cent, trading at $60.69 per barrel. These declines marked Brent’s lowest price since March 2021.
Fears that Trump's new trade tariffs could trigger a global recession has sent oil prices plummeting - and drivers will benefit at the pumps.
Vladimir Putin appeared to get off scot-free during Donald Trump’s tariffs blitz last week. While the US president imposed ...