Reported 1 day ago
Oil prices fell slightly as the International Energy Agency revised its demand outlook downwards, predicting slower growth due to trade tensions. However, the decline was softened by U.S. President Trump's consideration of tariff exemptions, resulting in Brent and U.S. crude prices dropping by 0.8%. Meanwhile, China's crude oil imports rose, providing a glimmer of support to the market amid ongoing uncertainty.
Source: YAHOO