Oil prices have been volatile in 2025, nearing dangerously low levels for producers, according to Dwight Scott of Quantum Capital. US crude prices down 8% this year at $66.68. Trump’s “drill baby drill” mantra seen as moot as US already pumping record amounts of crude. Scott predicts slump is temporary.

Read more at Yahoo Finance: Cratering oil prices in 2025 are ‘dangerously close’ to being unprofitable for producers, top investor says