Oil prices gain for fourth day on supply fears from Trump tariff threats
Oil prices gain for fourth day on supply fears from Trump tariff threats
www.reuters.com
reuters.com
TOKYO, July 31 (Reuters) - Oil prices gained for a fourth straight day on Thursday, as investors worried about supply shortages amid U.S. President Donald Trump's push for a swift resolution to the war in Ukraine and threats of tariffs on countries buying Russian oil.
Brent crude futures for September delivery , which are set to expire on Thursday, rose 27 cents, or 0.4%, to $73.51 a barrel by 0028 GMT, while U.S. West Texas Intermediate crude for September gained 37 cents, or 0.5%, to $70.37 a barrel.