OIL PRICE DECLINE DUE TO CONCERNS OVER OVERSUPPLY AND ESCALATION OF TRADE TENSIONS BETWEEN THE US AND CHINA
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✍️ The price of oil decreased due to concerns over excess supply and the intensification of the trade dispute between the US and China, with the Brent crude oil price reaching a low of $60 per barrel.
👉 The price of Brent crude oil has reached a low of $60 per barrel 👉 The WTI and December contracts have also experienced a decline 👉 The market structure has changed, indicating a surplus of oil in the short term 👉 Analysts predict that there will be an excess of oil in 2026 👉 The International Energy Agency predicts a surplus of 4 million barrels per day
-- #DonaldTrump #XiJinping #YangAn #China #UnitedStates #Korea #NorthSea #business
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