Crude prices fell slightly in Asian trade on Wednesday as markets remained nervous about tax challenges and rising supply, with the focus on stimulus plans in the world’s largest importer, China.
Prices fell to their lowest in five months on Tuesday as investors worried about a slowdown in demand in the face of economic sanctions from the US trade tariffs.
Crude prices fell as OPEC+ increased production since April.
China set a 5% GDP growth target for 2025, the third consecutive year that the figure was unchanged.
