Oil Edges Lower Amid U.S. Tariffs Concerns, Crude Stockpiles Build -- Market Talk

Dow Jones

Feb 20, 2025

0914 GMT - Oil prices ease in early trade amid concerns over U.S. trade tariffs and an industry report showing a buildup in U.S. crude inventories. Brent crude is down 0.4% to $75.74 a barrel, while WTI falls 0.3% to $71.89 a barrel. U.S. President Trump said he is considering tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products--a move that traders fear could hurt the global economy and reduce fuel demand. Meanwhile, U.S. crude stocks rose by 3.34 million barrels last week, according to reports citing figures from the American Petroleum Institute ahead of official data later on Thursday. Crude futures settled higher in the previous trading session, supported by supply uncertainties amid disruptions to Kazakhstan's oil flows and fresh EU sanctions on Russia. (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

February 20, 2025 04:14 ET (09:14 GMT)

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Brent crude is down 0.4% to $75.74 a barrel, while WTI falls 0.3% to $71.89 a barrel. U.S. President Trump said he is considering tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products--a move that traders fear could hurt the global economy and reduce fuel demand. Meanwhile, U.S. crude stocks rose by 3.34 million barrels last week, according to reports citing figures from the American Petroleum Institute ahead of official data later on Thursday. Crude futures settled higher in the previous trading session, supported by supply uncertainties amid disruptions to Kazakhstan's oil flows and fresh EU sanctions on Russia. (giulia.petroni@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2025 04:14 ET (09:14 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Edges Lower Amid U.S. Tariffs Concerns, Crude Stockpiles Build -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Edges Lower Amid U.S. Tariffs Concerns, Crude Stockpiles Build -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-20 17:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0914 GMT - Oil prices ease in early trade amid concerns over U.S. trade tariffs and an industry report showing a buildup in U.S. crude inventories. Brent crude is down 0.4% to $75.74 a barrel, while WTI falls 0.3% to $71.89 a barrel. U.S. President Trump said he is considering tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products--a move that traders fear could hurt the global economy and reduce fuel demand. Meanwhile, U.S. crude stocks rose by 3.34 million barrels last week, according to reports citing figures from the American Petroleum Institute ahead of official data later on Thursday. Crude futures settled higher in the previous trading session, supported by supply uncertainties amid disruptions to Kazakhstan's oil flows and fresh EU sanctions on Russia. (giulia.petroni@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2025 04:14 ET (09:14 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BGSX","symbol_name":"Build Acquisition Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2512419011","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512419011","pubTimestamp":1740042840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0914 GMT - Oil prices ease in early trade amid concerns over U.S. trade tariffs and an industry report showing a buildup in U.S. crude inventories. Brent crude is down 0.4% to $75.74 a barrel, while WTI falls 0.3% to $71.89 a barrel. U.S. President Trump said he is considering tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products--a move that traders fear could hurt the global economy and reduce fuel demand. Meanwhile, U.S. crude stocks rose by 3.34 million barrels last week, according to reports citing figures from the American Petroleum Institute ahead of official data later on Thursday. Crude futures settled higher in the previous trading session, supported by supply uncertainties amid disruptions to Kazakhstan's oil flows and fresh EU sanctions on Russia. 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Crude futures settled higher in the previous trading session, supported by supply uncertainties amid disruptions to Kazakhstan's oil flows and fresh EU sanctions on Russia. (giulia.petroni@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 20, 2025 04:14 ET (09:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}