Oil Prices Drop Amid Market Uncertainty Over Reciprocal Tariffs

Crude oil prices dipped on Wednesday as market sentiment remained cautious due to the announcement of U.S. reciprocal tariffs and an unexpected increase in crude inventories. Brent crude fell by 0.4%, trading at $74.02 per barrel, down from $74.30 in the previous session. Meanwhile, the U.S. benchmark, West Texas Intermediate (WTI), dropped 0.4% to $70.66 … Continue reading Oil Prices Drop Amid Market Uncertainty Over Reciprocal Tariffs