On Wednesday, oil futures hit their lowest point in almost two weeks, with US benchmark oil prices falling for a fourth consecutive day. This downward trend was partly driven by investors considering the possible effects of President Donald Trump’s energy policies and trade tariff threats.
Price moves
Market drivers
Oil prices have been trending downward, and this decline has been intensified by the uncertainty surrounding Trump’s policies during his early days as president, according to Daniela Hathorn, senior market analyst at Capital.com.
