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A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could ...

NAIROBI/LAGOS (Reuters) -A steep drop in crude ... some ground to around $66 per barrel from below $60. Turkey, India, Pakistan, Morocco and much of emerging Europe relying on oil imports are ...

The price of West Texas Intermediate is hovering around $60 per barrel — not low enough to kill the oil patch, but not generating “Drill, baby, drill!” vibes. The International Energy Agency ...

All else being equal, “a $10 per barrel drop in the oil price would add around 3 percentage points to the budget deficit”, said Paul Gamble, Senior Director, Sovereigns, at Fitch Ratings. Edward Bell, ...

A German online heating oil platform registered record fuel sales on the day that crude prices plunged to a four-year low earlier this month. The Heizoel24 sales platform handled the highest ...

Following the announcement of tariffs by President Trump, Brent oil prices declined from $74 to $64, representing an approximate 14% drop within ... in a narrow band at around 1.32700 on Friday ...

HOUSTON, U.S./TOKYO -- U.S. President Donald Trump's tariff policy has pushed down oil prices below the point of profitability for many new projects, which could put more pressure on trading ...

JAKARTA :Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10 billion as part of its tariff negotiations, energy minister ...

NAIROBI/LAGOS (Reuters) -A steep drop ... demand for oil sent Brent crude prices plummeting by more than 20% within a week to a four-year low after Trump announced his sweeping tariffs on April 2.