Oil, prices
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New York Post |
Bank of America forecast the global trade war – which has heated up as China and the European Union threaten retaliation – will cut oil demand growth in half this year to 450,000 barrels per day.
The Financial Times |
Brent crude dipped below $60 per barrel for the first time in four years as Donald Trump’s sweeping global import tariffs went into effect and his trade war with China escalated.
Bloomberg L.P. |
Brent futures at times on Wednesday were in the bearish structure, which signals oversupply, for every month from September.
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President Donald Trump has often made clear his goal of cutting prices for energy as part of his overall agenda
Oil prices plunged 7% on Friday to settle at their lowest in over three years as China ramped up tariffs on U.S. goods, escalating a trade war that has led investors to price in a higher probability of recession.
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Asian News International on MSNWPI inflation likely eased to 2.1% in March on lower food, fuel prices: Union Bank ReportWholesale Price Index (WPI) inflation is expected to ease to 2.1 per cent year-on-year in March 2025, down from 2.4 per cent in February, mainly due to a seasonal decline in food prices, according to a report by Union Bank of India.
Commodity exchange-traded funds (ETFs) provide exposure to metals, energy, and agricultural products without the hassle of direct ownership. While gold and silver can be stored, commodities like oil, natural gas, and wheat are harder to hold—making commodity ETFs a practical solution.
Major stock indexes fell on Tuesday as the trade war between the United States and China intensified, while oil prices and the U.S. dollar also eased. The United States said 104% duties on imports from China will take effect shortly after midnight.
Oil prices are down, interest rates are down... food prices are down, there is NO INFLATION,' says Trump on Truth Social platform
With record-high oil and gas production, Democrats are now claiming that Biden never made a war on American energy. The American Energy Alliance claims there was, and they say they have the receipts.
The Dallas Fed's latest energy survey revealed deep skepticism among executives toward President Donald Trump's tariffs and oil-production agenda. In anonymous comments, respondents decried the uncertainty and higher costs of tariffs while predicting that trying to lower crude prices to $50 a barrel would reduce production instead of expand it.
1don MSN
President Trump claims there is no inflation in the US, asserting that oil, food prices, and interest rates are down. Despite global markets facing sh
RBI Governor Sanjay Malhotra noted that crude oil prices have fallen and are the lowest in three years. But trade tariff measures have exacerbated uncertainty posing new challenges for growth and inflation.
Saudi Arabia's non-oil private sector activity grew rapidly in March with new orders boosted by lower prices and improved economic conditions, although the rate of growth slowed from January's near 14-year high,