Navigating Oil Market Turbulence

This chapter examines the effects of President Trump's tariffs on the oil market, highlighting price stability despite trade tensions. It delves into the influence of geopolitical factors, particularly the interplay between U.S. refineries and Canadian crude oil imports, as well as the impact of OPEC decisions on market conditions. The discussion culminates with a forecast on gasoline prices and seasonal fluctuations, showcasing the balance between political rhetoric and industry realities.