Crude oil outlook turns bearish with rising recession odds, weak demand, and OPEC+ supply hike. Key support levels now in ...
The move may come as a surprise, given that the U.S. benchmark oil price, West Texas Intermediate, is $69.36 per barrel ...
Midland Reporter-Telegram on MSN6h
WTI tumbles this week on tariff worries, OPEC productionOPEC+ nations’ bringing more production back to market combined with escalating tariffs as China announced 34% tariffs on all U.S. goods to make for a very bad week for oil prices. West Texas ...
Varcoe: 'Market is fearful' — Global trade war, increased OPEC production shock oil prices, stocks
Expectations of retaliatory tariffs from other countries has sparked consternation of an economic slowdown, or possible ...
The oil rig count in the US increased by 5 this week, oilfield services company Baker Hughes data showed Friday. The number ...
The tariffs and China's response raise fears of a global recession, with oil prices plummeting further, potentially reducing ...
Oil prices plunged 7% on Friday to settle at their lowest in over three years as China ramped up tariffs on US goods, ...
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