Oil Prices Steady as Investors Assess New US Policies
Singapore, 22 Jan (ONA) --- Oil prices were little changed in early trading today as markets weighed US President Donald Trump's declaration of a national energy emergency on his first day in office and its impact on supply.
Brent crude futures eased 3 cents, to $79.26 per barrel, while US West Texas Intermediate crude futures (WTI) for March delivery eased 9 cents to $75.74.
Last Monday, Trump laid out a sweeping plan to maximize oil and gas production, including declaring a national energy emergency to speed permitting, rolling back environmental protections, and withdrawing the US from the Paris climate pact.
--- Ends/AH
