Crude oil sinks to lowest in nearly four years; refiners, oilfield service stocks smacked
U.S. crude oil futures plunged to nearly four-year lows in a second day of heavy selling after China retaliated against President Trump's tariffs with its own duties on U.S. goods.
Oil prices drop to lowest levels in three years
Analysts have indicated that the escalating conflict between the U.S. and foreign nations over tariffs is further propelling the market to a global trade war.
Oil prices fall near to 3-year low as traders worry trade war will hit global economy
Fears that China's tariff retaliation against the U.S increases the probability of a global recession is hitting commodity prices hard. U.S. West Texas Intermediate oil futures are down nearly 8% to ...
Oil dives 7% to lowest in over 3 years on China's tariffs
Oil prices plunged 7% on Friday to settle at their lowest in over three years as China ramped up tariffs on U.S. goods, ...
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Oil prices drop to pandemic lows amid US-China trade war
Oil prices fell sharply on April 4, dropping by 8% to their lowest levels since mid-2021, Reuters reports. Brent crude ...
Oil falls to lowest level in more than three years amid recession fears, OPEC+ production hikes
President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.
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Biggest oil crash in 3 years: Reuters explains reason
On Thursday, April 3, there was a sharp decline in oil prices. This day recorded the most significant percentage drop since ...
Oil dives more than 6%, steepest fall in 3 years on tariffs, OPEC+ supply boost
Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise ...