Reported 2 days 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