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By Scott Disavino
New York (REUTERS) -Nutrude oil futures, US economic and tariff news and the European Union for the war in the Ukraine’s recent sanctions against Russia, there are few concerns about oil supply.
Brent Futures 24 kopecks, 0.3%, 69.28 per barrel, US West Texas Intermediate (WTI) crude futures fell to 20 kopecks or 0.3%, 67.34.
Both raw trends reduce about 2% for the week.
In the United States, a single-family house building landed in June, because in June, because in June, high mortgage rates and economic uncertainty prevented the house that prevents home purchases from home purchases.
However, in another report, the consumer influence of the United States improved in July, and inflation expectations continued to decline.
Low inflation should make it easier to reduce interest rates that can cut the debt costs of the US federal reserve and increase economic growth and oil demand.
In addition, US President Donald Trump, in any agreement with the European Union, financial Times, on Friday, the leadership has now visited the reciprocal tariff speed, which is now reached for the first time.
“Currently, mutual tariffs combined with the announced sector catchers can be over 25% and over the 1930s … In the coming months, tariffs should be very open,” he said.
Inflation inflation can collect consumer prices and weaken economic growth and oil demand.
Ab sanctions
In Europe, the EU has signed an agreement on the 18th sanctions against Russia, which includes measures aimed at increasing Russian oil and energy industries.
“New Russian oil sanctions have been held this week in this week,” This is a reflection of investors in the economic economy.
The EU will not import any oil products made of Russian raw products, although the ban will not apply to imports from Norway, England, the United States, Canada and Switzerland.
EU foreign policy Kaja Kallas also said in the EU, the EU has appointed the largest Rosneft oil refinery in India.