Oil Prices Take A Hit – 4 April, 2019
President Trump’s comments on the optimism of a trade agreement between the U.S. and China caused oil prices to dip, with Brent futures dropping just below the $70 mark it hit earlier. The international benchmark dropped 23 cents and 0.3 percent to $69.17 per barrel, before ending the session on a higher note at $70.03, its highest since mid November. U.S. West Texas Intermediate crude dipped 2 cents to $62.08, falling 36 cents the previous session and just below the $62.99 price point it hit on Wednesday, its highest since November.