Oil: New price drop after Trump's declaration of production increase

Protothema

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New pressure on prices after Trump pledge to increase production, reinforcing oversupply concerns — New sanctions on Iranian exports and Saudi Aramco decision have affected market sentiment

Bani.md

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The National Energy Regulatory Agency (ANRE) informs that fuel prices have fallen again, marking the second consecutive week of cheapening in the Moldovan market. This drop in prices is supported by a favorable international context, with the price of Brent crude oil trading around $74.5 per barrel, down about $8 from highs reached in January. The downward trend was also reinforced by the US President's announcement of the intention to increase …