Oil prices bounce as traders weigh Trump tariff threats, energy policy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2025
0mins
Source: MarketWatch
Oil Futures Movement: Oil futures increased on Wednesday as investors reacted to President Trump's energy policies and tariff threats, recovering some losses from the previous session.
Impact of U.S. Dollar: The decline of the U.S. dollar, which has decreased from recent highs, contributed to the rise in oil prices by making commodities cheaper for users of other currencies.
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.
