Already the oil market is tossing aside expectations for 2025. Goldman Sachs Group Inc, one of Wall Street’s long-standing ...
The combination of the tariffs and the Saudi-led response dropped Brent crude oil prices down to just $65.58 a barrel.
The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the ...
West Texas Intermediate crude, the key U.S. benchmark, has lost almost US$10 over two days. The May contract dropped as low as US$60.45 per barrel on Friday, recovering some ground to settle at ...
Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.
Oil majors saw their stocks nosedive Thursday and Friday as the one-two punch of US President Donald Trump’s sweeping tariffs ...
Iran and Russia have also been ramping up exports. Energy analysts say Saudi Arabia may have thrown in the towel and switched ...
Oil prices dived to their lowest in more than three years after China hit back at U.S. tariffs.
Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.
For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few ...
Oil Sinks to Lowest in Three Years on Trade War, OPEC+ Hit -- Market Talk ...
OVERVIEW: Oil prices sank to their lowest in more than three years as a rapidly escalating trade war and surprise output raise by OPEC+ sent global markets spiraling. The international oil benchmark, ...
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