Oil markets have kicked off the new week on the back foot, falling for the second consecutive day after President Trump was sworn in for a second term on Monday. Brent crude for March delivery was down 0.85% to trade at $79.49 per barrel at 11:40 am ET while WTI crude for February delivery declined 1.5% to $76.68 per barrel. According to PVM oil analyst Tamas Varga, the price declines can be chalked up to the huge uncertainty over the incoming president’s new policies. “Given the performance of the market so far this year, it is reasonable to see…
