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Oil prices fall, then recover

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The New York Times |
The slide in crude prices signals deteriorating confidence in the strength of the economy.
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 Recover After Trump Offers Tariff Reprieve
The slide in crude prices signals deteriorating confidence in the strength of the economy. And while lower oil prices benefit consumers by, ultimately, reducing prices at the pump, they are a big problem for U.S. oil producers, many of which will struggle to make money drilling new wells at these levels.
Oil price plunge puts US shale production in peril
US shale oil producers are facing their gravest threat in years, as a sudden crude price sell-off triggered by Donald Trump’s trade war has pushed parts of the sector to the brink of failure, executives have warned.
Oil Stocks Fall as Crude Prices Plunge to Four-Year Low Amid Tariff Chaos
Key Takeaways Shares of energy companies, oil drillers, and oilfield services providers all fell early Wednesday.The price of crude oil dropped to its lowest level since 2021 and is down roughly 20% since President Trump announced tariffs last week.
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.
Trump pauses tariffs on most nations for 90 days, raises taxes on Chinese imports
Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.
Business Insider2d
Oil (WTI) Price
1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.39 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 451.25 USD Energy Price of oil (Brent Crude and WTI) The price of ...
Trump's Tariff Turmoil Has Oil Prices So Low That It's Not Always Profitable to Drill
Oil prices fell to their lowest level in years on Monday as worries about the reciprocal tariffs President Donald Trump announced last week continued to ripple through global markets.
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
U.S. oil prices dropped below $60 a barrel on Sunday as the global market sell-off on recession fears fueled by President Donald Trump’s tariffs escalated.
Keystone oil pipeline shutdown could quickly lead to higher gasoline prices
The nearly 2,700-mile Keystone oil pipeline was shut down Tuesday morning after it ruptured in North Dakota, halting the flow of millions of gallons of crude oil from Canada to refineries in the U.S.
Nasdaq4d
Crude Oil Prices Plunge as Tariff Turmoil Threatens Global Energy Demand
Crude oil and gasoline prices on Friday sank for the second day, with crude falling to a 4-year low and gasoline sliding to a 1-month low. Tariff turmoil undercut energy prices Friday after ...
Why is Modi govt increasing petrol, diesel excise duties even when global oil prices are decreasing?
The government has increased excise duty on petrol and diesel by Rs 2 per litre to boost revenues despite falling global crude prices. This move aims to offset the financial impact of recent tax cuts and windfall tax reliefs.
The Punch on MSN4d
Crude prices slump to $65 first time since 2021
Oil prices plunged this week to $65 per barrel as the United States import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks.The price appreciated last week when US President Donald Trump imposed tariffs on any country that buys crude from Venezuela.
Seeking Alpha8d
Is The Recent Oil Price Collapse Just The Beginning?
Upside factors include potential fiscal stimuli from China, tighter sanctions on Russian crude, and geopolitical tensions in the Middle East, which could boost oil prices. Oil appears undervalued ...
Pressure mounts on Govt for petrol, diesel price cut with Brent in free-fall
As oil prices slipped below $65 a barrel (bbl), pressure has started to build on the government for a cut in retail prices of diesel and petrol. Global crude oil prices continued their downward descent on Monday with Brent prices ruling at $63.23 per barrel (bbl) in early afternoon (India time), a decline of over 3 per cent.
OilPrice.com1d
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.
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