Oil prices fell on Tuesday for the third day in a row, amid diminishing hopes for a US-EU trade deal that could hurt the global economy
Raluca Ioana Draghici
.webp)
Economy
www.shutterstock.com
Always see our news on Google
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
11:02
Meteorologists announce an intense heat wave, lasting until the end of next week. Temperatures of up to 40 degrees.
10:56
Red Plan activated in Argeș after the accident of a minibus with Dinamo juniors
10:45
OMV reports a decrease in hydrocarbon production, but an increase in profit.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
