Oil price fell as investors weighted the possible consequences of his scheduled duties Donald Trump to the large US argon supplier, Canada and other countries. According to reports, OPEC will evaluate the possible changes in America’s energy policy to determine his attitude.

The West Texas Intermediate fell below $ 74 a barrel. THE OPEC+ He is going to discuss Trump’s plans to increase oil production in the US at his next February 3rd meeting, TASS, citing Kazakh Energy Minister Almasadam Satkaliev. White House spokesman Carolin Levit reiterated on Tuesday that contributions up to 25% on imports from Canada will start on February 1st.

Traders also look forward to a stock report on USA. An industrial group predicted that commercial reserves increased by 2.86 million barrels last week. This would be the first profit in 10 weeks if confirmed by official data.

Slow began with abnormal pace as US sanctions against Russia And the cold weather initially raised the prices. The concerns about the possible impact on energy demand from a trade war that trump trump, as well as the poor financial data from China, have withdrawn.

In addition to advertising his duty package, the US president has also called OPEC+ to help reduce crude prices, partly as he is trying to push the Moscow to end the war in Ukraine.

“Argon prices continue to dance at the pace of Trump’s tariff orchestra, with tariffs in Canada at the center as they come into force on Saturday,” he said, “he said,” Ole HansenHead of Saxo Bank Strategy. Wednesday’s decline represents “an unpleasant feeling in an overall limited -scale market,” he added.