Oil markets retreat as economic concerns outweigh Trump tariff threats

Uncertainty Dominates Oil Markets Ahead of Trump's Tariff Deadline

Oil markets are on edge as Trump prepares to roll out his tariff plan, with commodities around the world set for significant disruptions in the coming weeks.- European gas and utility companies have moved into the spring replenishment season of 2025, although the lack of pricing downside creates no real incentive to buy natural gas on the market.- Gas inventories across the EU have started April being 33% full, with leading nations Germany and F…

Oil markets retreat as economic concerns outweigh Trump tariff threats

Crude oil prices climbed on Monday amid US President Donald Trump’s threats to impose 25% to 50% tariffs on Russia’s oil. However, economic concerns may outweigh geopolitical tensions, as a weakening economic outlook could dampen oil demand. Investors will also be closely watching the OPEC+ meeting.

Oil Falls on Demand Concerns Ahead of U.S. Trade Announcement

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Crude oil prices are stable in today's trading after falling on Tuesday. The fall in prices was sparked by concerns that President Donald Trump's announcement today to impose additional tariffs on imports of goods into the United States will exacerbate the global trade war, which could limit demand for liquid gold, Reuters reported on the website.

The Volatile Dance of Oil Diplomacy

The Volatile Dance of Oil Diplomacy The oil diplomacy under President Donald Trump's administration appears to be shifting gears with recent aggressive stances against Iran, Russia, and Venezuela. Over the past weeks, Trump's actions, characterized by secondary tariff threats and military maneuvers, have the potential to significantly impact global energy markets.Despite the bold threats and military actions, including U.S. strikes targeting Hou…

Oil extends climb on supply fears, trade war concerns cap gains

Oil extends climb on supply fears, trade war concerns cap gainsOil prices rise amid Trump’s tariff threats, but global demand concerns persist. The post Oil extends climb on supply fears, trade war concerns cap gains first appeared on The Dispatch.