Reported about 1 month 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