Oil prices steady after fall to 6-month lows on tariff worries, OPEC+ supply
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 06 2025
0mins
Source: MarketWatch
Market Status: Oil futures remained stable early Thursday after hitting six-month lows due to concerns over global trade tensions affecting demand and an anticipated increase in supply from OPEC and its allies next month.
Price Trends: Both WTI and Brent crude prices were consolidating following a significant drop on Wednesday, marking their lowest levels since September 10.
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.
