OIL SET FOR BIGGEST WEEKLY DROP SINCE OCTOBER ON TARIFF UNCERTAINTY, SUPPLY GAINS

OIL SET FOR BIGGEST WEEKLY DROP SINCE OCTOBER ON TARIFF UNCERTAINTY, SUPPLY GAINS
OIL SET FOR BIGGEST WEEKLY DROP SINCE OCTOBER ON TARIFF UNCERTAINTY, SUPPLY GAINS

Oil prices did not change much on Friday.

This week, oil prices fell the most since October.

People are worried because the U.S. may change its trade tariffs.

If tariffs change, oil demand might go down.

At the same time, big oil producers are planning to pump more oil.

More supply and lower demand could make prices fall further.

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