U.S. oil prices touch lowest levels of the year as tariff threat hurts demand outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
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Should l Buy ?
Source: MarketWatch
Oil Prices Decline: U.S. benchmark oil prices fell below $70 a barrel, reaching their lowest levels of the year due to concerns over economic impacts from proposed tariffs on Canada and Mexico.
Market Reactions: Despite a slight increase in oil prices on Monday following new U.S. sanctions against Iran, the overall market sentiment remains cautious regarding energy demand.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
