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Oil Drops

Oil settles down $1 at four-year low as US-China trade war escalates

Oil prices settled down more than $1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a recession due to the escalating trade war between the U.S. and China, the world's two biggest economies.

The Wall Street Journal on MSN · 2d

Oil Drops as U.S.-China Trade War Intensifies

Oil plunged in afternoon trade in Europe after China said it would impose 84% levies on U.S. goods in response to Trump’s tariffs.

CNBC on MSN · 1d

U.S. oil falls back below $60 per barrel as traders focus on escalating U.S.-China trade war

Trump's decision to increase tariffs on China, the world's second-largest economy and biggest crude importer, to an eye-watering 125% weighed on the market.

Crude oil prices rally on Trump's tariff pause

Associated Press News on MSN · 2d

Oil prices fall, then recover, after Trump announces 90-day tariff pause -- excluding China

Oil prices rose to a gain after sinking to a four-year low Wednesday morning in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after President Donald Trump ordered widespread tariffs against the imports of U.

Reuters on MSN · 1d

Oil falls more than 4% as investors reassess Trump's tariff flip

Oil prices fell by nearly $3 per barrel on Thursday, wiping out the prior session's rally, as investors reassessed the details of a planned pause in sweeping U.S. tariffs and focus shifted to a deepening trade war between Washington and Beijing.

Wall Street Journal · 2d

Oil Gains on Trump’s 90-Day Pause on Higher U.S. Tariffs

Oil rose in the early Asian session, boosted by President Trump’s 90-day pause on higher U.S. tariffs for most countries.

4don MSN

Oil slumps to $60 a gallon — lowest price since 2021 — as recession fears mount

Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...

2don MSN

U.S. Crude Oil Inventories Rise for Second Straight Week

U.S. crude oil inventories rose for a second consecutive week, climbing 2.6 million barrels, amid an increase in net imports.

5don MSN

U.S. crude oil losses deepen as Trump tariffs fuel 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 ...

Oil News: Crude Tumbles as Trump’s Tariffs Threaten China Demand Outlook

China tariffs threaten oil demand growth and oversupply fears mount. Market braces for prolonged price weakness.

Washington Examiner2d

Oil plunge to four-year lows threatens ‘Drill, Baby, Drill’

This week, S&P Global Commodity Insights estimated that if WTI hits $50 a barrel, crude oil production in the contiguous states could drop by more than 1 million barrels per day over a year.

OilPrice.com9d

EIA: US Crude Oil Inventories Climb 6.2 Million Barrels

Crude oil inventories in the United States saw a large increase of 6.2 million barrels during the week ending March 28 ...

9don MSN

U.S. Crude Oil Inventories See Large Build

U.S. crude oil inventories increased by 6.2 million barrels last week as imports rose and refineries reduced their capacity ...

Analysts See Weekly Increase in U.S. Crude Oil Inventories

Commercial crude stocks are expected to have risen by 2.1 million barrels to 441.9 million barrels in the week ended April 4, according to the average estimate of 10 analysts and traders. Eight ...

Goldman Sachs lowers oil price outlook on supply glut and recession concerns

Goldman Sachs has revised its forecast for Brent crude oil's average price for the year, lowering it by 5.5% to $69 per ...

TheCable2d

Oil price falls to $59 per barrel, threatens implementation of 2025 budget

Crude oil price has dropped to $59 for the first time since February 2021. The current oil price threatens Nigeria's oil ...

Oil returns to losses as market concerns over trade war persist

Oil extended a volatile run as investors assessed abrupt shifts in US trade policy, with futures returning to losses ...

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