Oil prices rise on trade optimism and slowing demand fears

Azernews.Az

28 July 2025 10:00 (UTC+04:00)

Qabil Ashirov

Oil prices rose on global markets amid mixed economic signals, including optimism over a trade deal between the United States and the European Union, as well as expectations that tariff delays with China may be extended. However, gains were tempered by lingering concerns over a potential slowdown in economic activity and weakening demand for fuel.

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