Oil prices rise amid political pressure on Trump administration
pre-market1 source ↓written by the desknot a recommendation
- WTI crude increased
- 0.85%
- on Wednesday
- $85.66/bbl
- Brent crude rose
- 0.83%
- $91.71/bbl
West Texas Intermediate (WTI) crude increased 0.85% to $85.66/bbl on Wednesday, while Brent crude rose 0.83% to $91.71/bbl. This uptick follows investor Ross Gerber's criticism of the Trump administration regarding rising energy costs and the Iran conflict. Gerber's remarks suggest that escalating prices may affect market sentiment and political dynamics ahead of the election.
Not investment advice. For informational purposes only.