Oil futures prices crumble as US threatens to impose tariffs on Mexican imports.

摘要

US West Texas Intermediate (WTI) and UK Brent crude oil benchmark prices crashed in the week to May 31, marking the largest monthly decline in a half year. Oil prices posted massive drops at the end of the period, after US President Donald Trump unexpectedly threatened tariffs on Mexico, at a time when analysts were already in the process of raising red flags on the economy due to Trump's trade war with China. WTI lost $10.41/bbl over the month of May, while Brent skidded $8.31/bbl.