Reported about 7 hours ago
Oil prices continued to decline after China announced tariffs on various US exports, heightening tensions in the US-China trade relationship and raising concerns for global economic growth. West Texas Intermediate crude fell to around $72, while Brent crude neared $75. The tariffs target multiple commodities, including oil and liquefied natural gas, as China's Finance Ministry responded to US tariffs. The market remains influenced by volatility and uncertainty, particularly following President Trump's recent policy moves.
Source: YAHOO