Reported 19 days ago
Oil prices fell on Wednesday as a strong U.S. dollar and reactions to Donald Trump's presidential victory drove crude lower. Brent crude settled at $74.92 per barrel, while West Texas Intermediate (WTI) fell to $71.69. Analysts believe the initial sell-off was exaggerated but caution remains due to ongoing geopolitical tensions and supply concerns, particularly with potential sanctions on Iran and Venezuela if Trump's policies continue.
Source: YAHOO