Global oil prices on track for weekly gain as U.S. looks to cut Iran exports and tariff fears fade
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 14 2025
0mins
Source: MarketWatch
Crude Prices Trends: Global benchmark crude prices are set to achieve their first weekly gain in a month, supported by U.S. efforts to reduce Iranian crude exports and the absence of immediate tariffs from President Trump on trading partners.
Market Reactions: Despite the weekly increase, both global and U.S. oil prices have seen declines over the month as traders react to Trump's fluctuating comments and policies affecting oil supply and demand.
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.
