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Trade War, Oil Prices

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Forbes |
Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.
Reuters |
Oil prices fell around 1% on Thursday as U.S. President Donald Trump ramped up a trade war with China, even as he announced a 90-day pause on tariffs aimed at other countries.

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Oil Prices Drop to Lowest Level Since Pandemic as Trade War Accelerates
Crude oil prices have plummeted to their lowest levels since 2021 following the U.S.'s imposition of a fresh 50% tariff on Chinese imports in response to China's retaliatory tariffs, exacerbating fears of a global recession and sapping oil demand.
Oil prices drop to pandemic lows amid US-China trade war
Oil prices fell sharply on April 4, dropping by 8% to their lowest levels since mid-2021, Reuters reports. Brent crude futures declined by $5.30, or 7.6%, to $64.84 per barrel. US West Texas Intermediate (WTI) futures dropped by $5.
Oil Prices Drop 7% To Four-Year Low As Tariff Fallout Sparks Recession Fears
Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.
Oil prices fall as Trump escalates trade war with China
Oil prices fell around 1% on Thursday as U.S. President Donald Trump ramped up a trade war with China, even as he announced a 90-day pause on tariffs aimed at other countries.
How drop in price of crude oil fit affect di Nigeria economy?
Crude oil price don weak, e don drop more than 12% reach around $65.50 per barrel, afta President Donald Trump slam trade tariffs on plenti kontiris.
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.
Arab Times4d
Oil prices drop to $65 amid trade uncertainty
BRENT oil prices dropped to $65 a barrel by the end of Friday, with uncertainty about how much further the decline will continue. This drop is a direct result of the U.S. administration imposing tariffs on all goods imported into the country, ranging from ...
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Russia's February oil exports from its western ports drop by 8% due to sanctions
"Oil supplies via the Druzhba pipeline and to Ust-Luga in February will rise, but they still remain below capacity," a source told Reuters. Background: Russia’s export of petroleum products in ...
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