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Oil price little changed as Iraq outages clash with tariff worries
short by / on Friday, 18 July, 2025
Oil prices were little changed on Friday after rising in the previous session as concerns drone attacks on northern Iraqi oil fields will cut supply vied with worries of potential demand declines amid uncertainty in US tariff policy. Brent crude futures eased 4 cents, or 0.06%, to $69.48 a barrel, US West Texas Intermediate crude futures edged down 3 cents, or 0.04%, to $67.51 a barrel.