Oil slips on Donald Trump's Saudi Arabia comments

Jan 24, 2025 - 07:00
Oil slips on Donald Trump's Saudi Arabia comments

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Oil prices declined following President Trump's statement about convincing Saudi Arabia and OPEC to reduce crude costs. WTI futures dropped below $75 and Brent below $79. The OPEC and its allies aim to support prices by limiting output with potential plans to gradually revive production starting in April.

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