Author: Julia Fanzeres Jacob Wendler
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Oil Prices Hit Yearly Low Amid Market Exit
by Bloomberg | Julia Fanzeres and Jacob Wendler | Wednesday, February 05, 2025 | 6:15 PM EST Oil fell to its lowest closing price of the year as traders continued exiting the market in the weeks following President Donald Trump’s inauguration. West Texas Intermediate slid 2.3% to settle at $71.03 a barrel Wednesday as Trump’s positions…