Oil prices edge higher, stabilizing after losses with Trump plans in spotlight
January 23, 2025
(Investing) – Oil prices rose slightly Thursday, bouncing to a degree after the recent downturn as traders braced for higher US production and possible disruption to trade under the new Trump administration. At 08:20 ET (13:20 GMT), Brent oil futures expiring in March rose 0.1% to $79.07 a barrel, while West Texas Intermediate crude futures climbed 0.1% to $75.47 a barrel. Crude prices tumbled from a
