Oil prices under pressure from Saudi-Russia dispute, but tariffs provide support
Share:
NEW YORK/LONDON (Reuters) - Global benchmark oil prices are expected to open lower on Monday as a dispute between top crude exporters Russia and Saudi Arabia raises concerns of another collapse in talks to curb production at a meeting this week.The move lower may be muted as the market reacts to U.S. President Donald Trump's statement on Saturday that he will put tariffs on Saudi and Russian production, potentially accelerating a meeting."It's possible that a tariff will be bullish initially,"..