Oil prices decline as investors continue to fret over tariff impact

Oil prices declined on Monday due to concerns over the impact of U.S. tariffs on global economic growth and fuel demand, coupled with rising output from OPEC+ producers. Despite recent market fluctuations, analysts expect support around $65/$62 levels for WTI before a recovery. Oil prices declined on Monday due to concerns over the impact of U.S. tariffs on global economic growth and fuel demand, coupled with rising output from OPEC+ producers. Despite recent market fluctuations, analysts expect support around $65/$62 levels for WTI before a recovery.  Economic Times