Canada International Merchandise Trade registered at $-1.52B, below expectations ($3.4B) in February

Apr 3, 2025

WTI drops below $67 on demand concerns, OPEC+ output hike

Crude oil prices decline sharply on Thursday, pressured by growing concerns over the demand outlook following US President Donald Trump's tariff announcements and OPEC+ decision to increase oil output.

Canada International Merchandise Trade registered at $-1.52B, below expectations ($3.4B) in February

WTI drops below $67 on demand concerns, OPEC+ output hike

United States Goods and Services Trade Balance came in at $-122.7B, above forecasts ($-123.5B) in February