Oil prices fell sharply, approaching their biggest weekly decline since late June. Brent lost 51 cents to trade at $65.92 a barrel, while WTI lost 57 cents to $63.31.<\/p>\n
Reuters reports<\/a> this.<\/p>\n The reason was the simultaneous increase in trade tariffs in the United States, which raised doubts about further economic growth, as well as news of a possible meeting between Presidents Donald Trump and Vladimir Putin. This move by the Kremlin has raised concerns that sanctions against Russia could be eased, increasing oil supplies to an already oversaturated market.<\/p>\n Analysts note that against the backdrop of these factors, demand for oil may weaken, which increases pressure on prices and creates uncertainty in the market.<\/p>\n Recall that Indian refineries are awaiting government orders regarding purchases of Russian oil after the US imposed additional 25 percent duties on imports from India.<\/a><\/p>\n As reported, Indian state-owned oil refiners are temporarily halting purchases of Russian oil after increasing economic pressure from the United States<\/a> . The reason was a new wave of tough tariffs imposed by the Donald Trump administration in response to India’s cooperation with Moscow.<\/p>\n Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , Twitter<\/a> , Telegram<\/a> , and Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Oil prices fell sharply, approaching their biggest weekly decline since late June. Brent lost 51 cents to trade at $65.92 a barrel, while WTI lost 57 cents to $63.31. Reuters reports this. The reason was the simultaneous increase in trade tariffs in the United States, which raised doubts about further economic growth, as well as […]<\/p>\n","protected":false},"author":59,"featured_media":1277543,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76870,76871,76872,76892],"class_list":["post-1277561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","category-news-2","category-news-feed","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1277561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1277561"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1277561\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1277543"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1277561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1277561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}