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Crude oil turns decrease as Trump’s commerce secretary decide says tariffs will be prevented

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Jan. 29, 2025 6:50 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA Information Editor

SlavkoSereda/iStock through Getty Photographs

Oil costs fell Wednesday, with WTI settling at its YTD low, after U.S. crude stockpiles rose greater than anticipated final week as exports fell and refineries lowered their capability use.

Home crude oil stockpiles rose by 3.46M barrels final week, the



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