Trump tariff threat pushes oil to five-month low
Brent and U.S. crude oil prices fell over $2 per barrel, or more than 3%, on Friday as President Trump’s threat of increased tariffs on China raised concerns about global demand. Brent settled at $62.73, its lowest since May 7, while West Texas Intermediate (WTI) fell to $58.90, marking its lowest level since early May. Analysts cited a combination of factors including OPEC production increases, … Continue reading Trump tariff threat pushes oil to five-month low
