US tariff threat limits oil prices

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HOUSTON :Oil prices were held in check on Thursday by threatened U.S.tariffs on Canadian and Mexican crude that could take effect this weekeend.

Brent crude futures were up 27 cents at $76.85 a barrel at 11:05 a.m.CST (1705 GMT).U.S.crude futures were up 13 cents to $72.75.U.S.

Trump has called on OPEC and its leading member, Saudi Arabia, to lower oil prices, saying doing so would end the conflict in Ukraine.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFranceKazakhstanSaudi ArabiaUkraineUnited States

Topics: Group Futures Analysts Price Countries Production Cent Prices Trump Wednesday Crude

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 18:35:20 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 517 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25641325

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 50 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 23 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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