Oil Prices Drop Amid Trump's Statements

Oil prices have fallen by 1% on Thursday evening following statements made by U.S. President Donald Trump. This is reported by РИА Новости, citing trading data.

As of 20:47 Yerevan time, the price of March futures for Brent crude oil decreased by 0.91%, reaching $78.28 per barrel, while WTI March futures fell by 1.17%, reaching $754.56.

Speaking to participants at the World Economic Forum in Davos, Trump announced his intention to ask OPEC to lower oil prices.