U.S. oil prices touch lowest levels of the year as tariff threat hurts demand outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
0mins
Source: MarketWatch
Oil Prices Decline: U.S. benchmark oil prices fell below $70 a barrel, reaching their lowest levels of the year due to concerns over economic impacts from proposed tariffs on Canada and Mexico.
Market Reactions: Despite a slight increase in oil prices on Monday following new U.S. sanctions against Iran, the overall market sentiment remains cautious regarding energy 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.
