Oil on track for weekly drop as outline of Trump’s tariff plans emerges

Oil futures ticked lower Friday, contributing to a loss for the week, but prices looked to post a gain for the month as traders awaited a tariff decision by President Donald Trump on crude imports from Canada and Mexico.

Jan 31, 2025 - 11:15
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Oil on track for weekly drop as outline of Trump’s tariff plans emerges
Oil futures ticked lower Friday, contributing to a loss for the week, but prices looked to post a gain for the month as traders awaited a tariff decision by President Donald Trump on crude imports from Canada and Mexico.

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