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Tag: Crude Oil Prices Slide

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Why Israel-Iran’s Conflict Isn’t Spiking Oil Prices: Here’s Why

Why Israel-Iran’s Conflict Isn’t Spiking Oil Prices: Here’s Why

Oil Prices: Israel’s surprise attack on Iran, a significant oil-producing country, could exacerbate the weak global economic growth and make it more difficult for central banks to manage in a market that is already unpredictable. Every day, Iran exports up to two million barrels of oil and refined petroleum products (mbd). The majority of this […]

Crude Oil Prices Slide to Four-Year Low Amid US-China Trade War

Crude Oil Prices Slide to Four-Year Low Amid US-China Trade War

Crude Oil Prices Slide: Oil prices have fallen sharply due to renewed tensions in the US-China trade relationship. On Wednesday, oil prices dropped nearly 7%, reaching the lowest levels seen in four years. China announced higher tariffs on US goods in response to the US increasing its own tariffs. Brent crude fell to $60.35 per […]

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