MUSCAT: Following US President Donald Trump’s tariffs, crude oil prices dropped to more than four years low on Wednesday.
WTI crude oil price oscillates around the $57.70 mark, logging an intraday loss of nearly 3.20% during early morning deals in the Asian stock market. Brent futures lost $2.13, or 3.39%, to $60.69 a barrel as of 0108 GMT. US West Texas Intermediate crude futures fell $2.36, or 3.96%, to $57.22. Brent reached its lowest point in March 2021, and WTI reached its lowest in February 2021.
