The drop in oil prices amid fears of the decline in demand due to the trade war

Oil prices have declined slightly in early Asian transactions, today, Wednesday, in light of the unbalanced policies of US President Donald Trump towards customs duties, which raised concerns about global economic growth and fuel demand.

By 00:15 GMT, Brent crude futures decreased by 17 cents, or 0.26%, registering $ 64.08 a barrel. US West Texas Intermediate crude futures decreased by 12 cents, or 0.2%, to $ 60.30.

The two standard crudes recorded in the previous session the lowest settlement price for them since April 10, according to Reuters.