Lebanon today »Oil is stable with the market for the Chinese customs duties, but the pressure on Iran supports it


There was no significant change in oil prices today, Wednesday, after volatile trading in the previous session, with investors ignoring the impact of Chinese customs duties on US energy imports, although President Donald Trump’s renewed efforts to eliminate Iranian crude exports provided some support.

Brent crude futures decreased 18 cents, or 0.24%, to $ 76.02 a barrel by 02:10 GMT. The West Texas West Middle Easy lost nine cents, or 0.12%, to $ 72.61.

Global alert to respond to Trump’s customs duties

West Texas Intermediate crude fell at some point yesterday 3%, which is its lowest level since December 31, after China announced the imposition of customs duties on US oil, liquefied and charcoal oils in response to American fees on Chinese exports, according to Reuters. ”.


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