Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows After EIA Report
Portfolio Pulse from
Oil prices are testing new lows following an EIA report, with additional bearish pressure from Trump's tariff threats.
February 26, 2025 | 7:30 pm
News sentiment analysis
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NEGATIVE IMPACT
The United States Oil Fund (USO) is likely to be impacted negatively as oil prices test new lows due to the EIA report and Trump's tariff threats.
USO is directly tied to oil prices, which are falling due to the EIA report and additional bearish sentiment from tariff threats. This is likely to negatively impact USO's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80