Oil prices dropped for the second day, later, the broader stock markets and other dangerous assets. The Rubus “West Texas” dropped to below $ 66 a barrel after falling 1.5% on Monday, with Brent ruol near $ 69. Investors withdrew from all kinds of risks on Monday, with fear in all markets, amid US President Donald Trump’s continued imposition of customs definitions and geopolitical changes. Trump’s policy pushed the prices. Oil prices fell by five of the highest level in mid -January, as Trump’s chaotic supply of customs tariffs increased, and urged to reduce federal spending, to eclipse in economic expectations in the largest product and consumer of RU. Other falling factors include “OPEC+” plans to increase production, poor demand in China, the largest importer, as Beijing refineries have asked to stay away from basic fuel such as diesel and gasoline. The US dollar also broke a five -day series losses, which made the currencies expressed by the currency less attractive to many buyers.
Oil prices are still dropping with the reluctance of the market to have risk
