Oil Prices Experience Fluctuations Amid Trade Tensions and OPEC+ Considerations

Reported 2 days ago

Oil prices showed volatility as markets reacted to reduced trade tensions while being wary of a potential increase in OPEC+ supply. Brent crude remained just under $65 a barrel after President Trump postponed higher tariffs on the EU, although concerns about OPEC+ production strategies and weakened demand outlook continued to pressure prices. Meanwhile, positive discussions between the US and Iran regarding nuclear limitations were ongoing.

Source: YAHOO

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