Reported about 12 hours ago
Oil prices remain close to their lowest this year as geopolitical tensions and tariff threats by US President Donald Trump dampen market sentiment. Brent crude is trading below $75, cancelling out earlier gains, while West Texas Intermediate is near $71. The potential trade war with China and a rise in US crude inventories add to concerns of an oversupply, impacting prices further. Analysts indicate that ongoing trade disputes are injecting uncertainty into the global oil market.
Source: YAHOO