Oil Prices Decline On Concerns Of U.S. Oversupply
U.S. President Donald Trump’s promise to let American energy companies “drill, baby, drill” has raised concerns about market oversupply and led to a decline in both crude prices and %Oil stocks. Brent crude oil, the international benchmark, is currently trading at $79.34 U.S. per barrel, while West Texas Intermediate (WTI) crude oil, the U.S. standard, […]