💨 Abstract

Oil prices increased in after-hours trading on Friday as US President Donald Trump announced he expects to decrease proposed tariffs on Canadian oil from 25% to 10% and impose duties on oil and gas around February 18. The tariffs would affect U.S. West Texas Intermediate crude and Brent crude futures, with WTI rising 1% to $73.48 a barrel and Brent rising 0.7%

Courtesy: theprint.in

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