💨 Abstract

Oil prices dipped on Monday, with Brent and WTI down 0.2% and 0.3% respectively, despite a warning from US President Trump about potential tariffs on Russian oil buyers. This comes as the OPEC+ group prepares to increase oil production starting in April. The market is cautious due to doubts about the feasibility of Trump's tariffs and the upcoming production increase.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖