Oil breaks key support at $64, signaling further downside risk, with $55-$56 as the next support level. USO ETF mirrors oil’s decline, with technical indicators signaling a bearish outlook ahead.

NAIROBI/LAGOS, April 15 (Reuters) - A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said ...

WTI crude oil prices have lost roughly 16% this month, while Brent crude has dropped closer to 17%. Wednesday's drop followed data that showed the US economy contracted in the first quarter for ...