Oil Prices Drop Amidst Uncertainty Over Tariff Changes

Reported about 19 hours ago

Oil prices continued to decline as U.S. Commerce Secretary Howard Lutnick hinted at possible tariff relief on Mexico and Canada, introducing uncertainty into the market. West Texas Intermediate fell below $68 a barrel following a 3% drop over recent sessions, while Brent remained near $71. Traders are increasingly bearish over the potential impact of tariffs on crude oil demand and shifts in global oil flows.

Source: YAHOO

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