Oil prices are cratering on Trump’s tariffs. Why crude producers still think the best move is to boost output.
Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.
Oil in Freefall Reorders Energy Landscape From US to Middle East
The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape ...
The Week in Oil: Crude Tumbles on Tariffs, OPEC+ Double Hit
OVERVIEW: Oil prices sank to their lowest in more than three years as a rapidly escalating trade war and surprise output raise by OPEC+ sent global markets spiraling. The international oil benchmark, ...