Oil prices went down a lot recently, then went up a little! It's like a rollercoaster. This is about oil, not cryptocurrency, so it doesn't directly affect Bitcoin or other digital currencies. But big world events can affect the value of everything.
- Oil prices dropped to their lowest point in a while.
- The U.S. put taxes on oil from Canada and Mexico.
- But then, the U.S. might remove some of those taxes.
- Oil companies made more oil, which also lowered prices.
| Oil Type | Price Change |
|---|---|
| Brent | Up 0.72% |
| WTI | Up 0.72% |
| Brent Low | Lowest since December 2021 |
| WTI Low | Lowest since May 2023 |
