Doha: Oil prices fell for a fourth day on Monday on concerns that global tariff wars could slow economic growth and weaken energy demand. Brent crude futures slid 20 cents, or 0.2%, to $74.59 a barrel. US West Texas Intermediate crude was at $70.51 a barrel, down 23 cents, or 0.3%.
According to Qatar News Agency, Brent has slumped 3.1%, while WTI is down 3.8% over the past four sessions. This downward trend in oil prices reflects the market's apprehension about the potential impact of international trade disputes on the global economy.