Oil Prices Rise as Trump Extends EU Tariff Deadline

Crude oil prices began trade with a gain this week following the news that President Donald Trump had extended the deadline for a trade deal with the European Union to early July. The extension was granted to Brussels after Commission president Ursula con der Leyen said the EU needed more time to draft a deal and after Trump said he’d slap 50% tariffs on EU imports beginning next month because the EU deal was so slow in coming. “A nice push higher in crude oil and U.S. equity futures this morning after U.S. President Trump extended…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com