US oil prices extended losses after Commerce Secretary Howard Lutnick signaled potential relief for tariffs on Mexico and Canada, sending West Texas Intermediate (WTI) down about 0.5% to $67.90 a barrel. The move comes as the US crude market faces a threat from reduced Canadian or Mexican supplies, sparking concerns of supply shortages.
Source: https://finance.yahoo.com/news/oil-holds-losses-near-three-232942420.html