Crude oil prices have recently declined, but the situation is likely to change soon as U.S. oil production begins to slow, according to Wells Fargo. After a positive performance for most of 2024, crude oil revenues have dropped into negative territory since the beginning of the year. The price of Brent crude, the global benchmark, fell by 3.5%, while the U.S. benchmark, West Texas Intermediate (WTI), decreased by 0.4% year-on-year. Analysts at the American bank stated in a note on September 23 that crude oil prices have given up this year's gains due to a mix of demand and supply factors
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21 Jul 2025
Trump presses EU for tougher trade terms
US officials have told the European Union they expect President Donald Trump to demand further conce...
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