Brent crude prices fall amid Trump administration plan to resume oil drilling
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View chart & analysis → - 1Brent crude was recorded at $105.72 per barrel at 6:45 a.m. ET today.
- 2Oil prices showed a decrease of $2.61 compared to yesterday morning.
- 3The Trump administration moved to lease more than 1.5 million acres within the Arctic National Wildlife Refuge coastal plain for oil and gas in 2025.
So what's the key point?
Oil prices dropped compared to yesterday. Prices fell as the Trump administration decided to lease land to allow for more oil production.
Source Fortune · View original ↗
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