Oil Prices Ease on Monday

PUKMEDIA

Oil prices.

Oil prices slipped on Monday, 31 March 2025, heading for a modest quarterly loss, despite a warning from U.S. President Donald Trump that he may impose secondary tariffs on buyers of Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine.

The more active June Brent crude futures fell 30 cents, or 0.4%, to $72.46 a barrel by 0330 GMT, while U.S. West Texas Intermediate crude declined 33 cents, or 0.5%, to $69.03 a barrel. Front-month Brent , which was down 26 cents, or 0.4%, at $73.36, expires later on Monday.



PUKMEDIA