Oil prices rebounded sharply on Friday on the New York market Nymex but only erased part of the heavy losses suffered the day before after Donald Trump announced tariffs on the $ 300 billion in imports Chinese not yet taxed in the United States.
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The September contract on US light crude (West Texas Intermediate, WTI) gained $ 1.71, or 3.17%, to $ 55.66 per barrel. North Sea Brent maturing in October rose $ 1.39 (2.30%) to $ 61.89.
WTI and Brent lost nearly 8% and nearly 7% on Thursday, respectively. WTI, which fell in session to $ 54.67, had not suffered such a drop in percentage since February 2015. Brent has tested for its 60 dollars, a threshold that it has not broken since. on June 13th, with a low of 60.02 during Thursday’s session.
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