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Crude oil drops after U.S. strikes last-minute deals with Canada, Mexico to delay tariffs

Feb. 03, 2025 7:50 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, VLO, DBO, UNG, FCG, USL, SCO, UNL, BNO, MPC, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

U.S. WTI crude prices fell more than 1% after-hours Monday to as low as $72.36/bbl after President Trump pulled back on implementing his threatened tariffs, agreeing to pause 25% tariffs on most goods from Canada and Mexico for one month, although 10% tariffs on China are still

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