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Brent Oil - Brent crude slips to $79.5 as traders digest Trump tariff reprieve, plan to boost US oil output

21-01-2025 02:49

Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump's plans to apply new tariffs later than expected while boosting oil and gas production in the United States.

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Brent crude trades above $80 a barrel as Trump decides to boost US production

Brent crude oil futures remained above $80 a barrel on Tuesday after the US President, Donald Trump, announced his decision to increase crude oil production in the US on Monday.

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Donald Trump inauguration speech impact on oil prices: Brent crude, US WTI futures fall. Check forecast

Donald Trump inauguration speech has an adverse impact on International oil prices as both Brent crude futures and U.S. West Texas Intermediate crude futures were down.

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Oil prices slide as market awaits Trump's return to White House

Oil prices slipped today as US President-elect Donald Trump's inauguration is expected to bring a flurry of policy announcements that may clarify how he plans to end the Russia-Ukraine war, boost US ...

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What the oil market can expect from Trump’s inauguration day?

Oil prices fell on Monday as traders waited to see how the US President-elect Trump positions himself on sanctions against Russia and Iran.

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