World Oil Price Today Brent was $ 2 and 2 cents
reports
Price per barrel of oil Brent North Sea today fell by 2 cents to $ 5.5 % to $ 2 and 2 cents. Oil West Texas Intemic US is also traded at 2 cents of $ 4.9 % and 2 cents.
has destabilized Trump’s policies in supporting domestic production worldwide. Trump initially imposed on imports from Canada and Mexico, the largest oil suppliers to the country, and then postponed it. The United States has also increased tolls on Chinese goods. China and Canada have also imposed retaliatory effects on American products.
Trump said early in the week may have a transition period for the economy, but did not determine whether the US could recession due to concerns of the stock market or not about his toll policies. Trump’s comments have launched a wave of sales because investors predict weaker demand.
The US stock market prices fell on Monday. All three large stock market indicators had a sharp drop. The index SP ۱۰۰۰ surprised the one-day reduction from December 18th, and the was also dropped by 5 %, meaning the highest decline in September.
US Minister of Commerce on Sunday that Trump would not reduce the pressure on Mexico, Canada and China.
In the field of supply, Alexander Novak Russian Prime Minister said on Friday that the OPEC Plus coalition agreed to increase production since April, but if the market is unstable.