Anily of Anily
(Reuters) swore on Tuesday, as the market was the 50-day deadline for US President Donald Trump to complete the Ukrainian war and avoid sanctions on its oil buyers.
Brent Crude Futures fell to $ 69.16, according to 0000 GMT, and US-Western Texas intermediate futures fell to $ 66.89.
Both treaties resolved more than $ 1 lower in the previous session.
On Monday, Trump announced new weapons for Ukraine and threatened to sanctions on Russia’s export buyers until Moscow disagrees with a peace deal in 50 days.
Oil prices have risen the rumors of possible sanctions, but later refused those profits, as the 50-day period hoped that sanctions could avoid whether the United States would actually make sharp tariffs.
“The pause relieves fears that direct sanctions on Russia could hinder oil flows. The error also weaned in increasing trade tension.
Trump said that on Saturday, he would make a tariff on August 1 to 30% of the EU and Mexico imports, adding similar warnings for other countries.
Tariffs risk economic growth, which can mitigate the global fuel requirement and lower oil prices low.
Another place, oil demand must remain “very strong” during the third quarter, by keeping the market, the Secretary General of the “oil exporters” reports.
On Monday, Goldman Sachs raised the prospect of its oil prices in the second half of 2025, indicating potential supply disruptions, reducing oil reserves and production in Russia.
(Anyil Anil of Anil in Bengalur is reported; editing: Jamie Exemption)