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Valor | Energy Connection – Mar. 10, 2025

Valor

per barrel and WTI dropping 40 cents to $66.64, marking WTIs seventh consecutive weekly lossthe longest streak since November 2023. Meanwhile, US crude production averaged 13.508 million barrels per day for the week ending February 28, 2025, with WTI trading at $67.17 per barrel (up 1.22%) and Brent at $70.41

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Trump’s steel, aluminum tariffs take effect as US-Canada trade war intensifies

Oil & Gas 360º

By closing loopholes in the tariff that have been exploited for years, President Trump will again supercharge a steel industry that stands ready to rebuild America, Steel Manufacturers Association President Philip Bell said in a statement. Canada ships about 4 million barrels of crude to the U.S. tariffs persist.

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