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Oil hits 4-year low, coffee and EU gas fall

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Goldman Sachs lifted its recession odds to 45% this week, citing tariffs as the main reason.
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Oil prices slumped to a four-year low Wednesday in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after President Donald Trump ordered wid...
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The trade war is clobbering energy markets, with oil hitting its lowest price in 4 years
Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are pressuring crude prices.
Oil slumps to $60 a gallon — lowest price since 2021 — as recession fears mount
Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent surprise supply hike could cause a surplus.
Oil hits 4-year low, coffee and EU gas fall as trade war intensifies
Oil prices fell to a four-year low and traded below $60 a barrel on Wednesday, while several commodities, including coffee, tumbled as the trade war between China and the U.S. escalated, with Beijing announcing steeper tariffs on U.
Energy demand erodes in face of global economic slowdown as trade war intensifies
Oil prices slumped to a four-year low Wednesday in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after President Donald Trump ordered widespread tariffs against the imports of U.
Oil Contango Creeps Back as Traders Move to Price Recession
The shape of the oil futures curve is rapidly shifting into contango — a fresh sign that traders are hastily dialing back their expectations for global demand this year.
Oil Prices Continue Rebound in Late Trading
Oil prices continued to climb in late trading Wednesday, with benchmark U.S. crude futures rising to about $63 a barrel. That's up from Tuesday's settled price of $59.58, which was the lowest in four years.
Oil Sinks to Four-Year Low on OPEC Supply Boost, Tariff Turmoil
Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war that’s also rattling commodities markets from metals to gas.Most Read from Bloom
Goldman Sachs warns that oil could crash under $40 in an 'extreme' scenario
Lower energy prices are one of Trump's campaign promises, but an oil price crash could hit US producer margins.
Saudi Arabia Cuts May Oil Prices to Asia Close to Four-Year Low After OPEC+ Supply Boost
SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed crude oil prices for Asian buyers in May to their lowest in four months, following a recent shock decision by the OPEC+ oil group to speed up oil output hikes.
Calgary Herald on MSN17hOpinion
Varcoe: Canadian producers more battle-tested than U.S. to withstand strain of low oil prices
Crude prices sagged below US$60 a barrel on Tuesday, but Canadian oil and gas executives, investors and analysts believe the sector is battle-tested and better positioned to withstand a storm than the industry south of the border.
Oil prices sink to over 4-year low on tariffs concerns; OPEC+ in a pickle?
Oil prices plunged to their lowest levels in more than four years on Friday as China hit back with tariffs in retaliation against US’ own levies this week.
Arabian Gulf Business Insight on MSN23h
Oil at four-year low as US hits China with 104% tariff
Oil prices dropped to their lowest in more than four years in early trade on Wednesday on looming demand concerns fuelled by an escalating tariff war between the US and China, the world’s two biggest economies,
China teapot oil refiners improve run rates but demand woes, sanctions weigh
Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over tepid domestic fuel demand and supply risks from U.S. sanctions and tariffs, industry participants and analysts said.
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