Oil touches lowest prices since September on tariff worries, OPEC+ output plans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 05 2025
0mins
Source: MarketWatch
Oil Price Decline: Oil prices fell for the fourth consecutive session, reaching their lowest levels since September due to concerns over a potential global trade war and plans by major producers to reduce output cuts next month.
Inventory Impact: A larger-than-expected increase in U.S. crude inventories contributed to the decline in oil prices on Wednesday.
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.
