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137 new news items in the last 24 hours
  1. Home
  2. Economy

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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11 July 2025, 06:56
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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

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NewMoney.ro
Preţurile petrolului au scăzut joi cu peste 2%, pe fondul temerilor privind noile tarife comerciale impuse de Trump
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News.ro
Preţurile petrolului au scăzut joi cu peste 2%, pe fondul temerilor privind noile tarife impuse de Trump
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Economedia
Preţurile petrolului au scăzut joi cu peste 2%. Investitorii evaluează efectele noilor tarife comerciale

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NEWS ON THE SAME TOPICS

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Economy
Oil prices fell by approximately 3% after Donald Trump showed reluctance to resume military conflict with Iran.
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Economy
The price of oil has reached its lowest level in the last two weeks, in the context of optimism regarding a peace agreement between the USA and Iran.
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Economy
The price of a barrel of oil has dropped by more than 3% after the signing of a memorandum of understanding between the USA and Iran for the reopening of the Strait of Hormuz.
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International
The first effects of the US-Iran agreement. Oil prices are falling while Asian markets react positively.
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Economy
Brent crude oil prices fell by 1.69%, reaching 106.34 dollars, while WTI is at 100.22 dollars. Trump announced an operation to guide the ships blocked in the Strait of Hormuz.
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Economy
The prices of oil have dropped on Monday, after OPEC+ decided to increase production by 188,000 bpd starting in August. Exports from the Gulf are recovering.
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