Oil prices tick down on plan to boost US oil output, tariff reprieve

Brent crude futures dipped 11 cents, or 0.14%, to USD 80.04 per barrel by 0156 GMT. The most actively traded West Texas Intermediate crude March contract fell by 67 cents to $76.72 a barrel from Friday's close.

Jan 21, 2025 - 13:17
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Oil prices tick down on plan to boost US oil output, tariff reprieve
Brent crude futures dipped 11 cents, or 0.14%, to USD 80.04 per barrel by 0156 GMT. The most actively traded West Texas Intermediate crude March contract fell by 67 cents to $76.72 a barrel from Friday's close.