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
19:56
Daniel Bîrligea was officially presented at Frosinone. He will play on loan until the end of the season, with an obligation to buy.
19:34
Drone detected by MApN radars near Snake Island / Two Spanish F-18 aircraft were scrambled for monitoring
19:27
CNAIR: Another 47 kilometers of the A7 Highway, between Adjud and Bacău, will open to traffic on Monday.
19:15
UEFA has initiated legal proceedings to open a criminal case against FIFA and president Gianni Infantino
19:05
ANPC warns about the phenomenon of "shrinkflation" / Consumers are urged to check the net quantity and the price per kilogram or liter
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
