A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could ...

Distillate fuel inventories decreased by 0.4 million barrels from the previous week. U.S. crude oil imports increased by 810,000, averaging 6.2 million bpd. Over the past four weeks, crude oil ...

Bitcoin plunges as Trump’s tariffs drive down global stock markets S&P 500 futures were pointing towards an opening around 2.5 per ... from the earlier sharp drop but is still more than four ...

Hvalbye went on to note in the report that, at the start of this week, oil prices continued to drop after Saudi Arabia slashed its flagship crude price by the most in over two years.

"OPEC+ decision Thursday effectively means there is no longer anybody around to catch a falling ... large scale tariff hike, the oil price could easily drop below USD60/bbl and further." ...

The Hang Seng closed 13.2% lower, its biggest drop since 2008. "Tariffs are feeding into expectations around inflation and a recession," said Julia Lee, head of client coverage at FTSE Russell ...

NEW YORK (Reuters) -Oil prices slid 2% to a near four-year low on Monday on worries U.S. President Donald Trump's latest trade tariffs could push economies around the world into recession and ...

The checks further showed that it was also fueled by the decision of the Organisation of Oil Producing Countries and its allies to increase oil output by 410,000 barrels per day starting May 2025 ...

On a hectic day of Irish League action, Linfield lifted the Gibson Cup, Larne dropped points in the European battle and Loughgall are all but down. Coleraine moved up to fourth in the Sports ...

with both commodities set for their biggest weekly drop since November 2024. Colombia Overcomes Indigenous Oil Riots. Ecopetrol (NYSE:EC), the national oil firm of Colombia, resumed operations at ...

WTI crude oil prices experienced a much steeper decline ... The main indexes on Wall Street crashed and registered the worst one-day drop since 2020. The S&P 500 index slipped into correction ...

([email protected]) Oil’s Drop Could Bring Challenges for Gulf Economies 1405 GMT – Oil’s 6% slump following U.S. President Trump’s latest barrage of tariffs signals potential ...