In "Commodities," the US-China trade situation is tense, and oil prices are falling

AASTOCKS
2025.10.14 16:05

There is uncertainty in the trade tensions between the United States and China, and the International Energy Agency (IEA) stated that the fundamentals of crude oil are weak, leading to a decline in oil prices after reversing early gains on Tuesday.

New York November futures fell by $0.9 or 1.5%, settling at $58.59. Brent December futures dropped by $1.3 or 2.1%, closing at $62.02