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Oil Prices Fall as Trump Launches “Project Freedom” and OPEC+ Increases Output

OilPrice.com1 min read
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Oil prices edged lower in early Asian trading on Monday after President Trump announced the U. S. would guide ships through the Strait of Hormuz and OPEC+ confirmed a modest output increase. At the time of writing, WTI crude was down 0. 65% at $101. 30, while Brent crude had dropped 0. 39% to $107.

Oil prices edged lower in early Asian trading on Monday after President Trump announced the U. S. would guide ships through the Strait of Hormuz and OPEC+ confirmed a modest output increase. At the time of writing, WTI crude was down 0. 65% at $101. 30, while Brent crude had dropped 0. 39% to $107.

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Original source: OilPrice.com

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