Oil prices declined on Wednesday even amid reports that the White House is contemplating significant cuts to tariffs on Chinese imports, a move that could reshape global trade dynamics and influence energy markets.On Wednesday, April 23, at 1:46 p.m. Brent crude was trading down 2.73% at $65.60, while U.
S. West Texas Intermediate (WTI) crude dropped 2.0% to $68.37, collapsing to a four-year low after reaching $81 in January. The Trump administration is reportedly considering reducing tariffs on Chinese imports from the current 145% to between…Oil Down Nearly 3% As White House Tariff Talk Rumors Fly
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