World Oil Prices Today Oil declined
reports Mehr News Agency quoted Reuters as saying that oil prices fell on Tuesday after Trump’s agreement to stop imports from Mexico and Canada, two major oil suppliers to the country.
Price per barrel of oil Brent North Sea today with 2 cents equivalent to $ 1 to $ 1 and 2 Sunnah arrived. Oil West Texas Intermediate USA also reduced by 2 cents of $ 5 % and $ 5 % and $ 1. 2 cents are traded.
Presidents of Canada and Mexico have announced their efforts to control migration and drug trafficking from their borders to the United States.
thus stop 2 % tolls plus 2 % toll on Canadian energy imports that were due to be implemented today.
The White House announced that Trump plans to meet with the president as soon as possible with the President of the country on the eve of the 5 % toll on Chinese goods.
Five US Federal Reserve officials warned on Monday that Trump’s government plans on business tolls would raise inflation. Unstable on price prospects slows down interest rates.
Reducing interest rates usually causes the economy to grow and rise in demand for oil.
Organization of Petroleum Exporting Countries and its allies at the OPEC Plus Coalition on Monday about Trump’s request to increase production, but concluded that their previous policy to gradually increase production in production Take April in ahead.