💨 Abstract

Oil prices fell on Wednesday, reversing a three-day gain, as an industry report showed an increase in U.S. crude stockpiles and tariff concerns weighed on sentiment. The American Petroleum Institute reported a rise in U.S. crude stockpiles by 9.4 million barrels. Prices also slipped due to concerns over multiple U.S. tariffs affecting global economic growth and energy demand.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖