Oil climbs after-hours as Trump indicates sub-10% tariff on Canadian crude (NYSEARCA:USO)

wdc tv news staff
Oil climbs after-hours as Trump indicates sub-10% tariff on Canadian crude (NYSEARCA:USO)

Jan. 31, 2025 8:25 PM ETUnited States Oil Fund, LP ETF (USO), XLECEG, UCO, XOM, CVX, CLB, EC, BOOM, MSB, DBO, USEG, UNG, FCG, TAC, USL, MVO, FSM, SCO, UNL, BNO, LTBR, HNRG, BOIL, KOLD, NEP, GUSH, DRIP, BE, LBRT, PUMP, SEI, USOI, ASTI, NOVA, CO1:COM, NG1:COM, CL1:COM, SMR, NPWR, ACDC, ASPI, NXT, NNE, LBBy: Carl Surran, SA News Editor

SlavkoSereda/iStock via Getty Images

Crude oil futures moved higher in after-hours trading Friday as President Trump said U.S. tariffs would apply to crude, although he may reduce levies on Canadian oil from 25% to 10% beginning around February 18.

The president said he would


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