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Dubbed ‘Liberation Day’ by the US president, all nations were included in the sweeping measures – with the UK hit by a 10 per ...
See the historical price charts and analysis below. See the historical price charts and analysis ... market factors are the true price-determinants of crude oil spot prices. Crude oil market ...
April 4 (Reuters) - 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 4.3% to $66, citing the risks of higher OPEC+ supply ...
Stocks cratered and bond yields hit their lowest level since October as investors flee risk assets and predict a hit to ...
How wrong the market was. Instead, the group announced it would increase the oil supply by 411k b/d in May. The group attributed the increase to healthy market fundamentals and a “positive ...
Oil futures tanked more than 6% on Thursday as Trump's tariffs sent financial markets reeling and new global supply developments suggested the balance in the global oil market would remain under ...
Over the past few years, after the start of the Russia-Ukraine conflict, India has reduced its reliance on Middle Eastern and African oil in favor of a cheaper and abundant supply from Moscow.
OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs. The group led by Saudi Arabia and Russia will ...
HOUSTON, April 3 (Reuters) - Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S ...
Oil prices are under significant pressure, with Brent witnessing its largest sell-off since August 2022. Front-month prices are trading below US$70/bbl. Worse-than-expected reciprocal tariffs from the ...