Oil in Freefall Reorders Energy Landscape From US to Middle East
The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape ...
Oil Sinks to Lowest in Three Years on Trade War, OPEC+ Hit
Oil prices dived to their lowest in more than three years after China hit back at U.S. tariffs.
Oil Market Gauges Show Looser Balances as OPEC+ Hikes Output
Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early ...
Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply
Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel and for WTI prices by ...
Crude oil loses most since July 2022 as tariffs, OPEC output hike make 'perfect bearish cocktail'
Crude oil plunged by the most in nearly three years as concerns about weaker demand due to tariffs were exacerbated by the ...
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GCC Bourses Rack Up Losers as OPEC+, Tariffs Send Oil Tanking
Gulf Cooperation Council (GCC) nations saw their bourses plunge on Thursday following U.S. President Donald Trump’s unveiling ...
Oil Futures Slide on U.S. Tariffs, OPEC+ Output Plan
Oil futures dropped as the U.S. reciprocal tariff rollout is seen worse than many had expected, raising concerns it will slow the global economy and oil demand with it.