NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday on expectations OPEC+ will boost output even as U.S. President Donald Trump’s on-again off-again trade tariffs could reduce global economic growth and demand for the fuel. Brent crude futures fell by $1.41, or 2.1%, to $64.45 per barrel by 11:03 a.m. EDT (1503 GMT), while U.S. West Texas Intermediate crude dropped by $1.36, or 2.2%, to $60.69. That puts both benchmarks on track for their lowest closes since April 10. Trump’s push to reshape world trade by…
Read MoreOil prices fall 2% to 2-week low as trade war concerns dampen demand outlook
