Brent oil prices fell 1.03% to $68.50 a barrel and WTI oil fell 1.6% to $66.11 a barrel. Deteriorating trade negotiations between the US and the EU, with threats of 30% tariffs imposed by Trump, amplified fears of an economic slowdown. Diesel prices, essential for industries, also fell by more than 3%, reflecting these concerns. However, a possible delay in tariffs could limit the price decline.
Sources
Latest News
23:00
Claudiu Manda, the general secretary of the PSD, accuses Prime Minister Ilie Bolojan of lying and responsibility for the crisis in the healthcare system.
22:45
Ben Affleck won 1 million dollars on "Do You Want to Be a Millionaire?" The money will be donated.
22:35
The authorities in Tulcea County issued a RO-Alert message, and two F-16 aircraft were deployed to monitor the airspace near the border with Ukraine.
22:30
Dominic Fritz, the president of USR, accused PSD of unconstitutional attempts to amend the integrity law to target him directly.
22:15
Twenty EU states have changed working time rules after the pandemic, but only five have started to regulate algorithmic control.
See more news