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.

Oil and gas stocks are prone to market volatility, influenced by unpredictable global events. Large oil companies with robust operations are generally safer but not immune to market downturns.