By News Room
Published:
Oil prices dropped again Tuesday as traders faced up to a double whammy of new tariffs and plans to boost production in a number of OPEC countries.
Brent crude futures, the international benchmark, fell 1.3% to $70.66 a barrel early Tuesday and are now down 3% so far in March. West Texas Intermediate futures, the U.S. benchmark, were down 1.1% to $67.59—also around 3% down this month. Both are more than 5% down in 2025.
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