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  • Published on Apr 8, 2025

    Oil prices slide 2pc to nearly 4-year low

    NEW YORK: Oil prices slid 2% to a nearly four-year low on Monday on worries US President Donald Trump’s latest trade tariffs could push economies around the world into recession and reduce global demand for energy. The session was marked by extreme …

    Source: Business Recorder - Neutral
  • Published on Apr 7, 2025

    Bellingham gas prices jump up, but likely won’t last 

    The average gas price in Bellingham has risen 30 cents over the last month, according to AAA.  Regular gas is averaging $4.37 a gallon, up from $4.07 a gallon recorded a month ago. However, costs still remain below the average a year ago of $4.64 per …

    Source: Cascadia Daily News - Washington State - Label Pending
  • Published on Apr 7, 2025

    Reuters Survey Shows OPEC Output Down 110,000 Bpd in March

    A Reuters survey on Monday showed OPEC oil output falling in March, driven primarily by drops in supply from Nigeria, Iran and Venezuela.  OPEC pumped 26.63 million barrels per day in March, or 110,000 bpd less than February, according to the survey.  …

    Source: Oil Price - Neutral
  • Published on Apr 8, 2025

    Trump Tariff Tumult Causes More Oil Price Losses, With No End In Sight

    Bank of America worries of oil demand plummeting by half this year: File Image/Pixabay The tumult caused by U.S. president Donald Trump's attempt to reorganize international trade via tariffs continued to wreak havoc on crude prices Monday, with …

    Source: Ship & Bunker - Neutral
  • Published on Apr 8, 2025

    Oil Edges Higher After Three-Day Rout With Trade War in Focus

    (Bloomberg) — Oil ticked higher after a three-day slump as a slightly calmer tone returned to global markets, with traders assessing the latest tariff moves from US President Donald Trump and possible retaliatory measures.Article content Brent rose toward …

    Source: Financial Post - Center-right
  • Published on Apr 8, 2025

    Donald Trump has tanked oil prices too

    It is not just the stock markets that are crashing after US President Donald Trump imposed massive tariffs and ignited a trade war. Crude oil, too, has fallen to a multi-year low. What is the future like for oil and its impact on economies like India? How …

    Source: Mint - Neutral
  • Published on Apr 7, 2025

    Tariffs: what's happening with gas prices?

    COLUMBUS, Ohio (WSYX) — Gas prices are poised to drop below $3 per gallon as market dynamics shift, an expert says. Patrick De Haan, head of petroleum analysis at GasBuddy, explained that several factors are influencing the current situation, including …

    Source: CW Columbus - Ohio - Label Pending
  • Published on Apr 7, 2025

    Oil Price Slump, Tariffs Hit Oilfield Services Sector

    Oil prices dropped off a cliff last week after President Trump announced a barrage of tariffs on global trading partners, triggering panic in the trading world. The effect has now rippled across the energy industry, set to discourage production growth—and …

    Source: Oil Price - Neutral
  • Published on Apr 8, 2025

    Oil prices slide 2% to near 4-year low as US trade conflict fuels recession fears

    [NEW YORK] Oil prices slid 2 per cent to a near four-year low on Monday on worries US President Donald Trump’s latest trade tariffs could push economies around the world into recession and reduce global demand for energy. Brent futures fell US$1.37, or 2.1 …

    Source: The Business Times Singapore - Neutral
  • Published on Apr 7, 2025

    $17B in New Deals for World’s Largest Gas Field May Indirectly Go to Russia

    Iran has awarded US$17 billion of contracts to attempt to reverse a dramatic projected production decline from the world’s biggest gas reservoir. Its South Pars field spans 3,700 square kilometres and holds an estimated 14.2 trillion cubic metres (tcm) of …

    Source: Oil Price - Neutral
  • Published on Apr 7, 2025

    U.S. Natural Gas Consumption Sets New Records

    The U.S. Energy Information Administration (EIA) recently reported that U.S. natural gas consumption set new winter and summer consumption records in 2024, highlighting the growing importance of natural gas in the global energy mix.  This surge in …

    Source: Oil Price - Neutral
  • Published on Apr 7, 2025

    Markets, Oil Losing Again After Tariff Postponement ‘Fake News’

    Oil continued its downward trajectory on Monday afternoon, with the stock market briefly reversing losses after CNBC reported the White House was considering a 90-day pause in tariffs for everyone except China. Oil prices barely got to respond before the …

    Source: Oil Price - Neutral
  • Published on Apr 7, 2025

    Oil Crashes To $60 Per Barrel As Global Recession Fears Grow

    Last week, the price of WTI crude oil recorded its largest weekly loss in two years after President Donald Trump announced a tougher-than-anticipated set of tariffs, prompting swift retaliation from China, the world's largest importer of oil.  WTI …

    Source: Benzinga - Neutral
  • Published on 02:03 GMT

    Decoding the AKD-Modi pact: Geopolitical logic, military alignment, existential danger

    Quite a conversion   Gotcha! Au Revoir at Anuradhapura “…We sincerely applaud the way India has positioned itself not only as a regional power, but also as a global leader…India and Sri Lanka are not merely two countries on a map. It is essential to …

    Source: Daily FT - Label Pending
  • Published on Apr 7, 2025

    AAA: Crude oil prices fall to 4-year lows

    News from AAA    AAA: CRUDE OIL PRICES FALL TO 4-YEAR LOWS TAMPA, Fla., (April 7, 2025) — Florida gas prices shot up early last week, but were back on the downward trend through the weekend.   The state average rose 15 cents per gallon last week, reaching …

    Source: Caloosa Belle - Florida - Label Pending
  • Published on Apr 7, 2025

    Petrol price cuts forecast, as recession fears hit global oil market

    Fears that US president Trump’s tariff and trade war will lead to global recession continue to dampen global oil prices, with petrol and diesel prices expected to fall as a result. Last week, the RAC predicted the price of petrol could fall to 130p a litre …

    Source: Auto Express - Label Pending
  • Published on Apr 7, 2025

    Analyst: Economic concerns could send gas prices plummeting

    JONESBORO, Ark. (KAIT) - Despite Arkansas gas prices being up for the third straight week, one analyst said growing concerns about the global economy could send them back down. GasBuddy.com reported Monday that the average price of regular unleaded in …

    Source: KAIT 8 - Arkansas - Neutral
  • Published on Apr 7, 2025

    Bearish oil, and its implications

    That the Trump administration is pushing for lower oil prices is a well known fact. But, how low is the question. US Energy Secretary Chris Wright, at the sidelines of the recent CERAWeek by S&P Global conference in Houston, said, “We certainly believe …

    Source: The Hindu Business Line - Neutral
  • Published on Apr 7, 2025

    King Faisal ‘threatened the US to reuse the oil weapon’ over Israel’s intransigence after the 1973 embargo, UK documents ...

    King Faisal Bin Abdulaziz Al Saud warned the United States that Arab states would use oil as a political weapon once again unless Israel agreed to a settlement with the Arab nations two years after the oil embargo of 1973, British documents reveal. In …

    Source: Middle East Monitor - Uncategorized

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  • Published on April 10, 2025 - 20:44 GMT

    Trump tariff shock causes four-year low to oil

    (MENAFN) Oil prices have plummeted to their lowest levels in over four years, with Brent crude falling to about $61 per barrel and US West Texas Intermediate (WTI) dropping to around $58, marking the lowest prices since February 2021. The steep decline …

    Distribution channels: ...
  • Published on April 10, 2025 - 12:07 GMT

    Oil rate dips to four-year low

    (MENAFN) Oil prices dropped over 3% on Monday, extending last week's losses, as rising US-China trade tensions fueled concerns about a potential recession, which could reduce demand for crude oil. Brent crude futures for June 2025 delivery fell below $ …

    Distribution channels: ...
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