Reported 2 days ago
Oil prices have increased slightly following a nearly 2% drop, as traders consider US President Trump's threats of higher trade tariffs and the potential impact of protests at major Libyan ports affecting crude exports. Brent crude is trading over $77 a barrel and West Texas Intermediate near $74. Concerns about tariffs, especially with possible implications for imports from Canada, alongside supply uncertainty from Libya, continue to weigh on market sentiment.
Source: YAHOO