Oil Prices Fluctuate Amid Tariff Concerns and Uncertainty in Demand

February 14, 2025 - 21:40

Oil prices experienced a volatile trading session on Friday, shifting from initial gains to losses as the market grappled with ongoing tariff concerns and uncertainties surrounding demand. The week was marked by heightened anxiety over potential tariffs that could impact global oil trade, alongside worries about the United States' stance on Iran, a major oil producer.

As traders assessed the implications of these geopolitical tensions, the demand outlook for oil remained ambiguous, further complicating the market landscape. Analysts noted that the fluctuating oil prices reflect broader economic uncertainties, with many investors closely monitoring developments in international trade policies and their potential effects on consumption.

The combination of tariff risks and the evolving situation in Iran has left many in the industry questioning future demand levels. As the week closes, market participants are left to ponder the implications of these factors on oil prices, with many experts suggesting that volatility may persist in the near term.