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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-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials ...
Russia escaped Trump’s tariffs, but it could still suffer if the price of oil, the Kremlin’s economic lifeline, falls.
Wholesale prices in the U.S. fell 0.4% in March, dropping for the first time in 17 months, mimicking a similar report on ...
Oil prices were little changed on Friday and set to drop for a second week on concerns that a prolonged trade war between the ...
Despite a late-week recovery following President Trump's announcement of a 90-day tariff pause, crude oil prices are still ...
The slide in crude prices signals deteriorating confidence in the strength of the economy. And while lower oil prices benefit ...
Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...
The price of crude oil dropped to its lowest level since 2021 and is down roughly 20% since President Trump announced tariffs ...
Oil prices slid Friday to their lowest levels in nearly four years. A plan to increase supply by the Organization of the ...
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...
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