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Brent crude oil futures settled up 41 cents, or 0.53%, at $77.49 per barrel. Oil prices rebound from multi-week lows as investors brace for Trump tariffs Skip to main content
Meanwhile, BofA analysis shows prices could drop to an average of $65 per barrel in 2025, particularly if the Organization of Petroleum Exporting Countries (OPEC) decides to bring barrels back ...
Trump also mentioned his intent to impose tariffs on Canada and Mexico starting Feb. 1, sparking concerns of a trade war that could impact economic growth and, as a result, oil consumption.
U.S. consumers will see higher prices at the gas pump from President Donald Trump's decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and fuel traders. The ...
The bank said oil prices could go as high as $120 per barrel in the first quarter of 2025, implying a 62% increase. ... Show comments. Advertisement. Advertisement. ... USA TODAY Sports.
However, prices could increase as the conflict in the Middle East continues. A gallon of gas costs an average of $2.90, four cents less than last month. It's 14 cents cheaper than a year ago ...
Recent polls show Trump in an incredibly tight race with Vice President Kamala Harris nationally. Harris stepped off the trail to tape interviews with NBC News and Telemundo on Tuesday.
Oil markets spiraled on the news, falling as much as 4% on Thursday. A report that Saudi Arabia would ditch its unofficial crude price target sent crude oil prices sharply lower on Thursday.