Oil Prices Decline Amid Concerns Over Trump's Tariffs

Reported about 10 hours ago

Oil prices fell as investors reacted to U.S. President Trump's tariffs, raising concerns about their impact on global economic growth. Brent crude dropped by 0.8% to $69.66 a barrel, while U.S. West Texas Intermediate declined by 0.9% to $67.76. Trump's recent tariff threats to Brazil and others have led to a cautious market response. However, a weaker U.S. dollar and increased gasoline demand provided some support for oil prices.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis