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Sentiment remains negative in the oil market, with ICE Brent falling close to 2.5% yesterday. It settled below US$70/bbl after briefly trading to its lowest level in three years. Rising OPEC supply ...
Oil prices were steady on Thursday, recovering slightly from a multi-year low, though Brent was still below $70 under pressure from trade tariffs between the U.S., Canada, Mexico and China and OPEC+ ...
Oil prices rose from the six-month lows as the outlook for market demand remained clouded by trade tensions over tariffs imposed by US President Donal ...
Enverus Intelligence Research said it has downgraded its Brent price forecast 'due to recent events including OPEC production cuts and President Trump's tariffs'.
OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald Trump.