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Brent crude fell more than $ 2 after US President Donald Trump threatened to impose new tariffs on China and Libya announced the reopening of major oil export ports.
The $ 200 Billion Threat Commodity Prices and Stock Markets, as Trade Tensions Between the Two Largest World Economies Rise
Brent Falls $ 2.06, or 2, 61%, at $ 76.80 per barrel before rising slightly to $ 76.86 per barrel, down 2.
Light 75 cents to $ 73.36 per barrel
It is contributed to this According to the National Oil Corporation (NOC) Monday, Libya's crude oil output has dropped more than 4 percent in the past few hours. At 527,000 barrels a day from the high level of 1.28 million barrels a day in February after the ports closed
The negative sentiment fueled signs that the US could ease the application of US sanctions on Iranian oil exports. American Mike B. He said Washington would consider the demands of some countries to exempt it from sanctions it would impose in November to prevent Iran from exporting oil.
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