Oil prices decline as Trump-Xi talks loom
after close1 source ↓written by the desknot a recommendation
- Brent crude dropped
- 0.4%
- per barrel
- $107.36
- while WTI fell
- 0.3%
- $101.91
Oil prices fell in Asian trading on Wednesday, snapping a three-day rally. Brent crude dropped 0.4% to $107.36 per barrel, while WTI fell 0.3% to $101.91. Traders are concerned about ongoing disruptions in the Strait of Hormuz, which impacts global oil supply amid escalating tensions with Iran.
Not investment advice. For informational purposes only.