The MarketReader Minute
β‘οΈChevron and Phillips 66 Struggle Amid Refining Losses; Baker Hughes Posts Strong Q4 Results | Energy Sector Insights
(XLE) has seen a slight decline of 0.1% in pre-market trading. President Trump announced the imposition of 25% tariffs on imports from Canada and Mexico, effective February 1, which may influence trade relations and oil prices.