Oil prices recorded a slight decline on Tuesday, April 15, as investors assessed the latest developments related to U.S. tariffs, including the suspension of some recently announced measures.
Markets are also closely watching the potential impact of the ongoing trade tensions between the United States and China on global economic growth and crude oil demand.
Brent crude futures fell by 21 cents, or 0.32%, to settle at $64.67 per barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures dropped 20 cents, or 0.33%, to $61.33 per barrel, according to Reuters.
