Thu Jan 16 09:10:00 UTC 2025: ## Oil Prices Retreat After Three-Day Rally, Trump’s Policies in Focus

**New York/London** – Crude oil prices fell on Thursday, halting a three-day surge, with West Texas Intermediate (WTI) dipping below $77.4 per barrel and Brent crude falling below $80. While recent upward momentum had been strong, analysts are now focusing on the impact of potential future policies.

The recent price increases were attributed to a combination of new US sanctions against Russia and extreme weather conditions, according to Dong Chao, energy and chemical analyst at Shenwan Futures. However, the market is now shifting its attention to the potential implications of former President Trump’s potential return to the political landscape and his likely approach to energy policy.

While the short-term outlook remains bullish, analysts are watching closely to see whether a Trump administration would maintain its previous pro-energy stance. This uncertainty is creating volatility in the market as traders weigh the potential impact of his policies on global oil supply and demand. The situation is further complicated by the ongoing geopolitical tensions surrounding the conflict in Ukraine.

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