Oil Market’s Focus Shifts to Demand as Trump Reignites Trade War
10 Articles
10 Articles
Oil Market's Focus Shifts to Demand as Trump Reignites Trade War
(Bloomberg) — While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his renewed attacks on trading partners this week have solidified consensus on at least one matter: The outlook for crude demand is set to worsen.
Oil Market’s Focus Shifts to Demand as Trump Reignites Trade War
While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his renewed attacks on trading partners this week have solidified consensus on at least one matter: The outlook for crude demand is set to worsen.
Week in Review – Tariff Threats, Demand Revisions, and Diesel Spreads Stir Volatility - Mansfield Energy
Crude oil prices saw modest gains early in the week before slipping on renewed tariff threats from President Trump. On Wednesday, he proposed sweeping tariffs, including a 50% tariff on Brazilian exports and blanket tariffs of 15–20% on a wide range of imports from major trading partners like South Korea and Japan. The market response was cautious, as investors weighed the broader economic implications of trade restrictions. While previous tarif…


Oil prices recover slightly but US tariffs, OPEC downgrade weigh
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