Oil Prices Start the Week Lower on Tariff Fallout ...Middle East

OILPRICE - Economy
Oil Prices Start the Week Lower on Tariff Fallout
source : OILPRICE ( Middle East ) () 63
Crude oil prices began trade this week with a loss as traders digested the latest tariff moves by the Trump administration, which is expected to hurt demand for the commodity and economic growth. At the time of writing, Brent crude was trading at $69.97 per barrel and West Texas Intermediate was changing hands for $66.64 a barrel, with the Brent benchmark booking a string of three consecutive weekly declines and WTI logging a much longer losing streak of seven weeks, according to Reuters. Saudi Arabia’s latest oil price update only fueled…

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