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Oil Prices Fall as Trump Considers Easing Sanctions on Shadow Fleet Tankers
Crude oil prices retreated from yesterday’s highs earlier today, on the news that President Trump was considering lifting sanctions on tankers used to transport oil and fuels from Venezuela, Russia, and Iran in a bid to ease a deepening tanker crunch. At the time of writing, Brent crude was trading at $104.39 per barrel, after earlier in the week it topped $106, while West Texas Intermediate was trading at $94.02 per barrel, after yesterday it climbed close to $96 per barrel. The war in the Persian Gulf has tightened the availability of tankers…
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- London gold vs COMEXLondon-gold searches meet a COMEX reference here. The global London row is FX only — no invented fix.
- What is COMEX gold?How to read USD/oz futures and relate them to jewelry quotes.
- Reading today’s gold: BOT vs COMEXHow COMEX USD and BOT FX make a theoretical index — not a shop board.
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