US President Donald Trump has promised to impose “very substantial tariffs” on imported oil, unless Saudi Arabia and Russia reach a deal to push crude prices up, just as oil fell sharply following last week’s rally. Both Brent and WTI crude futures dived over 9 per cent at the Asian session opening, before bouncing back slightly to around $32.6 and $26.6 a barrel respectively. The drop comes after the Organization of the Petroleum Exporting Countries (OPEC) and non-member partners abruptly delayed their emergency meeting until Thursday, apparently due to standing disagreements between Saudi Arabia and Russia. Crude soared last week fol
Hence then, the article about oil drops 9 as trump vows very substantial tariffs unless saudi arabia amp russia reach output cut deal was published today ( ) and is available on Russia Today ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Oil drops 9% as Trump vows ‘very substantial tariffs’ unless Saudi Arabia & Russia reach output cut deal )
Also on site :