Brent crude News

Dramatic 5% Drop in Oil Prices Amid US-China Trade War Fears and Tariff Tensions

Oil futures prices dropped significantly due to escalating US-China trade tensions and new tariffs, with WTI and Brent crude seeing over 5% declines amid fears of reduced demand.

Global Oil Prices Tumble 5% Amid US-China Trade War Fears and Rising Tariffs

Oil futures prices dropped significantly as the US-China trade war escalates, with China implementing 84% tariffs on US goods. WTI and Brent crude prices fell over 5%, reflecting i...

Oil Prices Take a Sharp Dive: 5% Drop Amid U.S.-China Trade Tensions and Demand Fears

Oil futures plummeted over 5% as U.S.-China trade tensions escalate, with China imposing 84% tariffs on U.S. goods, raising fears over reduced demand. WTI and Brent crude prices bo...

Oil Prices Drop Sharply as US-China Trade Tensions Intensify, Sparking Global Market Concerns

Crude oil prices fell sharply as China's retaliatory tariffs on U.S. imports took effect, raising concerns over demand. WTI and Brent crude both saw significant drops amid escalati...

Escalating US-China Trade War Triggers a 3% Plunge in Oil Prices

Crude oil prices dropped over 3% as US-China trade tensions escalate, with Chinese retaliatory tariffs raising concerns over global demand. WTI and Brent crude both experienced sig...

Oil Prices Take a Sharp Dive Amid Escalating US-China Trade Tensions

Crude oil prices dropped significantly due to escalating US-China trade tensions, with WTI and Brent crude both seeing over a 3% decrease. Market analysts are watching closely for ...

Crude Oil Prices Dip Over 1% Amidst China-US Tariff Tensions and Demand Concerns

Crude oil prices fell by over 1% as China's retaliatory tariffs on US goods take effect, raising demand concerns. President Trump maintains tariffs on China while pausing most for ...

China's New Tariffs on US Goods Trigger a Sharp 6.5% Drop in Oil Prices

Crude oil prices plunged over 6% after China announced increased tariffs on US goods, escalating the trade war. WTI and Brent crude saw significant drops, reflecting market concern...

Oil Prices Plunge Over 6% Amid Escalating US-China Trade War Tensions

Crude oil prices plummeted by over 6% following China's announcement of increased tariffs on US goods, escalating the ongoing trade war between the two economic giants. WTI and Bre...

Oil Prices Tumble Over 3.5% as Trade Tensions and Middle East Unrest Dampen Market Sentiment

Oil futures prices dropped significantly due to trade tensions from U.S. tariffs and Middle East unrest, with WTI and Brent crude seeing over 3.5% declines.

Oil Prices Plunge Below $59 Amid Rising Trade Tensions and OPEC+ Production Increase

Oil prices hit a four-year low, dropping below $59 per barrel due to escalating trade tensions and OPEC+'s planned production increase. WTI and Brent crude both experienced signifi...

Oil Prices Make a Slight Comeback: A 1% Rise After Recent Plunge Amid Trade War Fears

Crude oil prices rebounded slightly on Tuesday after a significant drop, amid fears of a global recession due to US President Trump's reciprocal tariffs announcement. WTI and Brent...

Oil Prices Make a Slight Comeback: A 1% Rise After Yesterday's Dramatic Drop

Crude oil prices rebounded slightly on Tuesday after a sharp decline, with WTI and Brent crude seeing increases. The market reacts to global recession fears and new tariffs.

Oil Prices Make a Comeback: 1% Rise After Recent Plunge Amid Global Trade Fears

Crude oil prices rebounded slightly after a significant drop, driven by global recession fears and U.S. tariff announcements. WTI and Brent crude both saw over 1% increases in earl...

Oil Prices Bounce Back: A 1% Rise After Recent Plunge Amid Global Trade Tensions

Crude oil prices rebounded slightly after a sharp decline, amidst fears of a global recession triggered by US President Trump's tariff announcements. WTI and Brent crude both saw o...

Oil Prices Make a Comeback: 1% Rise After Yesterday's Steep Decline Amid Trade War Fears

Crude oil prices rebounded slightly on Tuesday after a significant drop, fueled by fears of a global recession following U.S. President Trump's announcement of reciprocal tariffs. ...

Global Oil Prices Bounce Back 1% Amid Fears of Trade War and Recession

Crude oil prices rebounded slightly after a sharp decline, amid fears of a global recession triggered by US President Donald Trump's reciprocal tariffs announcement. WTI and Brent ...

Oil Prices Swing Dramatically on Misleading Tariff Relief Announcement

Oil prices experienced significant volatility following misleading reports of a U.S. tariff relief, showcasing the market's sensitivity to geopolitical news. The White House quickl...

Oil Prices Swing Wildly as False Tariff Relief News Sparks Brief Rally

Oil prices briefly rallied on incorrect news of a potential U.S. tariff pause, highlighting the market's sensitivity to geopolitical developments. WTI and Brent crude saw significa...

Global Trade War Fears Trigger Sharp 4% Drop in Oil Prices, Market on Edge

Oil prices plummet by 4% due to escalating fears of a global trade war, with West Texas Intermediate and Brent crude both seeing significant drops. Market watchers are on high aler...

Opportunity Arises for Fuel Price Reduction as US-China Tariff War Impacts Global Oil Markets

Oil prices hit their lowest since mid-2021 due to the US-China tariff war, offering a chance for fuel price cuts in India. This could ease economic strain, reduce import bills, and...

Oil Prices Tumble Over 2% Amid Ongoing Tariff Tensions and Trade War Fears

Oil futures continued their downward trajectory, shedding over 2% as investors weigh the impact of U.S. tariffs on global trade. WTI and Brent crude prices both experienced notable...

Global Oil Prices Plummet Over 3% Amidst US Tariff Announcements Sparking Trade War Fears

Global oil futures fell over 3% after US President Donald Trump announced new tariffs, including 34% on China and 20% on the EU, raising fears of trade wars that could dampen econo...

Global Oil Prices Surge as US Imposes New Sanctions on Iran's Oil Sector

Oil prices have risen following new US sanctions on Iran's oil sector, amidst escalating Middle East tensions and increased US airstrikes in Yemen. WTI and Brent crude prices both ...

Global Oil Prices Dip 1% as US-China Tariff Tensions Escalate

Crude oil prices fell over 1% after US President Donald Trump announced additional tariffs on China, prompting a strong response from the Chinese Foreign Ministry. WTI and Brent cr...

Global Oil Prices Dip Over 1% Amid Rising US-China Tariff Tensions

Crude oil prices dropped by over 1% following US President Donald Trump's announcement of additional tariffs on China, prompting a strong response from the Chinese Foreign Ministry...

Oil Futures Surge: Trump's Tariff Threats and OPEC+ Output Hesitations Spark Market Rally

Oil futures surged as concerns over President Trump's tariff threats and OPEC+'s hesitance to increase output in April drove market volatility. WTI and Brent crude prices experienc...

Oil Prices Surge Over 1% as Trump's Tariff Policies Stir Market Uncertainties

Oil prices rose over 1% amid uncertainties from Trump's tariff policies and the revocation of Chevron's deal with Venezuela, affecting global oil markets and prices.

Oil Prices Drop Over 1% Amid Fears of Tariff Impact on Global Demand

Oil prices fell by over 1% due to fears that U.S. tariffs on steel and aluminum imports could reduce global demand. Economists warn of wider economic impacts, including on the ener...

Global Oil Prices Surge Amidst Tariff Tensions and Trade Disputes

Crude oil prices surged over 1% following US tariff announcements on steel and aluminum imports, prompting global leaders to consider countermeasures. WTI and Brent crude prices ro...

Global Oil Prices Surge 1% Amidst Rising Tariff Tensions and Trade War Fears

Crude oil prices surged by over 1% following the announcement of new U.S. tariffs on steel and aluminum imports, prompting global leaders to consider countermeasures. West Texas In...

Global Oil Prices Surge Over 1% Following New US Tariffs Announcement

Crude oil prices surged over 1% following US President Trump's announcement of new global tariffs on aluminum and steel, alongside plans to collaborate with Japan against China's e...