Oil prices set to fall amid trade war

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The story "Oil prices set to fall amid trade war" was covered 11 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 11h ago

Oil prices set to fall amid trade war - Bangkok Post

Quick Summary:

Global oil prices are expected to fall below US$70 per barrel this week, following the tariff policy announced by US President Donald Trump which has already triggered a new round of the trade war and threatens to affect the international economy, says Thai Oil Plc, Thailand's largest oil refinery by volume.

Gas accounts for 60% of fuels used for power generation in the country.

Washington imposed an additional 10% tariff on Chinese products on Feb 4, drawing countermeasures from Beijing, which include a 15% tariff on imports of US coal and LNG products.