Reported 2 days ago
Oil futures have fallen below $67 a barrel as rising US stockpiles and ongoing trade tensions, particularly President Trump's new tariffs, raise concerns about energy demand. OPEC+ discussions suggest a possible pause in production hikes, indicating potential oversupply risks as peak demand wanes. Despite minor rises earlier in the week, geopolitical tensions have not significantly impacted oil prices, leaving traders wary about future market strength.
Source: YAHOO