💨 Abstract

Oil prices fell 1% on Thursday following U.S. President Donald Trump's call for lower costs during his World Economic Forum speech. Uncertainty over Trump's proposed tariffs and energy policies impact on global economic growth and energy demand contributed to the drop. Brent crude and U.S. West Texas Intermediate crude both decreased, with Brent settling at $78.29 and WTI at $74.62.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖