Oil drops 7% after Trump imposes more tariffs

Brent crude price drop steepest in more than three years

Oil price: Brent crude fell $4.55, or 6.99%, to settle at $60.50 a barrel — Oil price: Brent crude fell $4.55, or 6.99%, to settle at $60.50 a barrelPhoto: REUTERS/SCANPIX

Reuters

Published 1 August 2019, 21:46Updated 1 August 2019, 21:46

Production North America

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In a world awash with information, Upstream helps readers filter out the noise and zero in on what matters in the international energy industry. For nearly three decades, we have been the go-to source for independent news and analysis of the major oil and gas projects shaping the industry and the people behind them. In recent years, we also have chronicled the industry’s efforts to transition to cleaner energy sources.

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