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Crude prices steady as investors rate EU, US trade development
July 25, 2025
|Business World Philippines
Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union (EU) and the US after President Donald J. Trump reached a tariff deal with Japan.
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Brent crude futures settled 8 cents, or 0.12%, lower at $68.51 a barrel, while US West Texas Intermediate (WTI) crude futures were down 6 cents, or 0.09%, at $65.25 per barrel.
On Wednesday, EU officials said they were heading towards a trade deal with Washington that would result in a broad 15% tariff on EU goods imported into the US, avoiding a harsher 30% levy slated to be implemented from Aug. 1.
هذه القصة من طبعة July 25, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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