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Oil prices fall as fears of 'trade war'
2018/04/07 10:16
(Encyclopedia of this Day News | Iraq News ) - Follow - up / Tomorrow 's Press: Oil prices fell on Saturday, after US President Donald Trump renewed his threat to impose customs duties on an additional list of imports from China, which increased fears of a trade war between the largest Two economies in the world.
Brent crude ended the day at $ 1.22, or 1.79 percent, at $ 67.11 a barrel. US benchmark WTI futures fell $ 1.48, or 2.33 percent, to close at $ 62.06 a barrel. Concerns about a US-China trade war are growing, as observers do not expect crude to see significant declines, with signs of shrinking supply. The US Energy Information Administration reported that US oil inventories fell 4.6 million barrels last week, Outlook shop Lin for an increase of 246 thousand barrels.
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Brent crude ended the day at $ 1.22, or 1.79 percent, at $ 67.11 a barrel. US benchmark WTI futures fell $ 1.48, or 2.33 percent, to close at $ 62.06 a barrel. Concerns about a US-China trade war are growing, as observers do not expect crude to see significant declines, with signs of shrinking supply. The US Energy Information Administration reported that US oil inventories fell 4.6 million barrels last week, Outlook shop Lin for an increase of 246 thousand barrels.
Note: The content entitled (low oil prices with growing fears of 'trade war') was published first on Al-Ghad Press and the encyclopedia of this news day is not guaranteed in any way.
You can see the details of this title (low oil prices as concerns about a 'trade war') grow through its original source (Al-Ghad Press).
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