Plans by OPEC+ to move ahead with output increases in April along with tit-for-tat tariffs between the U.S., Canada and Mexico sent crude oil prices falling again on Tuesday.
Both Brent and WTI settled close to multi-month lows.
West Texas Intermediate crude fell 11 cents or 0.2% to close at $68.26 after previously dropping to $66.77 earlier in the day, which is the lowest mark since November.
Brent crude finished down 58 cents or 0.8% to $71.04 a barrel. At one point in the trading, it fell to $69.75 a barrel, the lowest since September.
Prices for natural gas made another gain, going up 23 cents for a 5.53% increase to $4.35 per MMBtu.
As for Oklahoma energy stocks, they too dropped in Tuesday’s trading including Mammoth Energy with a 4% loss and ONEOK down 3%.