Jan 20, 2026

Oil Holds Ground as China Growth Battles Trump’s Greenland Tariff Plan

TLDR Brent crude traded around $64 per barrel while WTI stayed under $60 on Tuesday as markets assessed multiple competing factors Trump announced tariffs of 10% on eight European nations from February 1, rising to 25% by June 1 without a Greenland agreement China’s economy grew 5.0% in 2025 with crude oil production up 1.5%, [...]

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Source: Blockonomi →