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Oil prices rose today after settling more than $2 a barrel lower in the previous session, but were set to drop for a second week in a row on concerns over a prolonged trade war between the US and ...
The direct effect of tariffs on many of the GCC economies is relatively limited as at 10 per cent the rate is lower compared with the rate threatened and now paused for other US trading partners ...
WTI crude holds above $62 as traders await U.S. CPI data; Brent eyes key resistance at $65.59 amid ongoing volatility and mixed supply signals.
A positive correlation between global oil benchmark Brent crude and U.S. equities has reemerged in 2025, reflecting concern about the slowing economy and the impact of U.S. President Donald Trump's ...
Oil prices fell below $60 for the first time since early 2021 amid trade war fears and surprise Opec+ output hikes, before rebounding after President Trump paused global tariffs.