💨 Abstract
Oil prices dropped on Wednesday due to rising U.S. stockpiles and concerns about a new Sino-U.S. trade war, which could impact global economic growth and oil demand. These fears offset U.S. President Trump's efforts to cut Iranian crude exports. Brent crude futures fell 0.87%, and U.S. West Texas Intermediate crude dropped 0.84%.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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