💨 Abstract

Oil prices fell on Thursday after U.S. President Trump repeated a pledge to boost U.S. oil production, unnerving traders following a large increase in U.S. crude stockpiles. Brent crude dropped 0.4%, while U.S. West Texas Intermediate fell 0.6%. Analysts question whether U.S. producers will increase production in the current market. The market was also pressured by rising U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖