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Oil Markets Still Digesting Trump's Tariffs

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Reuters |
Shares of SLB, the world's largest oil services firm, sank 12% on Friday to $34.60, its lowest since September 2022, according to data from LSEG. Halliburton stock slumped 10% to just over $20, and Ba...
Penn Live |
The impact of U.S. President Donald Trump’s blast of tariff hikes was reverberating across world markets Monday as America’s trading partners puzzled over whether there is room for negotiating better...

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US Oil Service Firms Set for Hit From Trump Tariffs, Tumbling Oil Prices
Shares of SLB, the world's largest oil services firm, sank 12% on Friday to $34.60, its lowest since September 2022, according to data from LSEG. Halliburton stock slumped 10% to just over $20, and Baker Hughes tumbled 11% to around $36.40.
Oil Set for Weekly Loss After Trump’s Tariffs, Surprise OPEC+ Hike
Oil prices were headed for a weekly loss of more than 5% after Trump’s tariff blitz and OPEC+’s plans for a larger-than-expected supply hike in May shook the market.
Hari: Oil Markets Still Digesting Trump's Tariffs
Oil prices fell as President Trump's tariffs spurred demand fears and OPEC+'s decision to increase output faster than previously announced. Vandana Hari, Founder of VANDA Insights told Horizons Middle East and Africa anchor Joumanna Bercetche,
Trump’s tariff hikes reverberate across world markets
The impact of U.S. President Donald Trump’s blast of tariff hikes was reverberating across world markets Monday as America’s trading partners puzzled over whether there is room for negotiating better deals.
Panic Monday: World stock markets plunge again as Trump doubles down on tariffs
Global stock markets extended a severe plunge Monday, fueled by fears that U.S. tariffs would lead to a global economic slowdown. European and Asian shares saw dramatic losses, the leading U.S. index flirted with bear market territory in pre-market trading,
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.
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Oil Prices Plunge Due To Tariff-Related Demand Worries And Increased OPEC+ Supply
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