Oil Prices Fall Ahead Of Trump Inauguration ...Middle East

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Oil Prices Fall Ahead Of Trump Inauguration
source : OILPRICE ( Middle East ) () 59
Oil prices fell in Monday’s morning session as traders await U.S. President-elect Donald Trump's inauguration in the hope of some clarity on his policy agenda. Brent crude for March delivery was down 1.5% to trade at $79.66 per barrel at 11.20 am ET while WTI crude for February delivery declined 1.8% to $76.46 per barrel. According to PVM oil analyst Tamas Varga, the price declines can be chalked up to the huge uncertainty over the incoming president's new policies. "Given the performance of the market so far this year, it is reasonable to…

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