Oil prices fell in early trade after industry data revealed an unexpected increase in US crude inventory. Brent crude was down 16 cents to $77.28 a barrel, and US West Texas Intermediate dipped 20 cents to $73.51.
Brent slides over 3%, hits lowest level since 2021
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and