Oil prices fell nearly 3% amid favorable negotiations between the US and Iran as investors remain concerned about the impact of trade tariffs on global fuel demand
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
Oil prices fell by almost 3% on Monday, with Brent contracts at $66.03/barrel and WTI at $62.99/barrel. Progress in negotiations between the US and Iran has raised hopes that Iranian oil will not be taken off the market. Uncertainty over US monetary policy and recession fears also affected energy markets. OPEC+ is planning a production increase, but investors are worried about the impact of tariffs on global demand. US economic data expected this week could further influence prices.
Sources
Scădere de aproape 3% a preţurilor petrolului, pe fondul progreselor în discuţiile SUA-Iran şi temerilor privind cererea globală
Scădere de aproape 3% a prețurilor petrolului, pe fondul progreselor în discuțiile SUA-Iran și temerilor privind cererea globală
Scădere de aproape 3% a preţurilor petrolului, pe fondul progreselor în discuţiile SUA-Iran şi temerilor privind cererea globală
Latest News
20:28
Lionel Messi donated 80,000 euros for the reconstruction of the Sierra Oeste area near Madrid, devastated by fires.
20:16
UN: Acute child malnutrition reaches alarming levels in Afghanistan
20:00
Spider-Man: Brand New Day generated $1.05 billion in the first six days, becoming the second fastest grossing film after Avengers: Endgame
19:50
Timișoara and Oradea reduce public lighting to save energy
19:50
ISU Buzău intervenes to extinguish a wildfire in the commune of Podgoria, affecting 20 hectares
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
