Oil turns lower as traders assess Trump tariff threats, efforts to lower crude prices

Oil futures turned lower Thursday after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil producers to boost output.

Jan 23, 2025 - 10:00
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Oil turns lower as traders assess Trump tariff threats, efforts to lower crude prices
Oil futures turned lower Thursday after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil producers to boost output.

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