Trump had threatened a 25% tariff on Canadian and Mexican exports to the U.S. on February 1 and had not clarified if oil and gas would be exempt. U.S. WTI crude rose more than 1% post-market to $ ...

Longer term, we believe that sub-$70 Brent ... lower-than-current oil prices. OPEC Members Will Unwind and Reverse Voluntary Production Cuts on April 1 Source: OPEC, Oil & Gas Journal, EIA.