Oil prices trade at 2025 lows on tariff fears, hopes for end to Ukraine war
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Oil prices have hit their lowest levels since 2025 due to fears of tariffs and hopes for an end to the Ukraine war, which could lead to the easing of sanctions on Russia.
February 26, 2025 | 1:30 pm
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NEGATIVE IMPACT
BNO, an oil ETF, is likely to be impacted by the drop in oil prices to 2025 lows due to tariff fears and potential easing of sanctions on Russia if the Ukraine war ends.
BNO, being an oil ETF, is directly affected by changes in oil prices. The current drop in oil prices due to tariff fears and potential geopolitical changes in Ukraine could negatively impact BNO's short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80