Oil prices trade at 2025 lows on tariff fears, hopes for end to Ukraine war
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 26 2025
0mins
Source: MarketWatch
Oil Market Trends: Oil futures declined due to concerns about the global economic outlook and potential easing of sanctions on Russia amid the ongoing war in Ukraine, with WTI and Brent reaching their lowest prices of the year.
Economic Influences: The decline was influenced by President Trump's announcement of tariffs on Canadian and Mexican energy products, along with weak consumer confidence data, raising fears of a negative impact on the economy.
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.
