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11 July 06:56

Oil prices fell sharply as investors assessed the impact of Trump's new trade tariffs on the global economy.

Sanziana Georgescu

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Economy

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Brent and WTI oil prices fell 2.21% and 2.71% respectively, amid Trump's threats of punitive tariffs on Brazil and other countries. Investors are cautious given political uncertainties and the potential impact on inflation and oil demand. OPEC+ is also planning a production increase, while geopolitical talks between the US and Russia continue to influence the market.

Sources

Preţurile petrolului au scăzut joi cu peste 2%, pe fondul temerilor privind noile tarife comerciale impuse de Trump

Preţurile petrolului au scăzut joi cu peste 2%, pe fondul temerilor privind noile tarife impuse de Trump

Preţurile petrolului au scăzut joi cu peste 2%. Investitorii evaluează efectele noilor tarife comerciale

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

Oil prices have risen by 5% after the sanctions imposed by the USA against the Russian energy giants, Rosneft and Lukoil, in response to the war in Ukraine.

Economy

Oil prices have risen significantly after the US imposed sanctions on the Russian companies Rosneft and Lukoil due to the war in Ukraine.

International

Cryptocurrencies have suffered significant losses after Trump threatened new tariffs on China, causing a massive sell-off of risky assets.

International

The trade war between the USA and China overshadows the prospects of the global economy

International

Putin stated that Russia remains one of the largest oil producers globally, contributing 10% to world production, despite Western sanctions.

Economy

The shares of Romgaz and Petrom have reached new historical highs after the sanctions imposed by the USA against the Russian energy giants, Lukoil and Rosneft.

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