How Opec is seizing an opportunity from the global trade war

How Opec is seizing an opportunity from the global trade war

Oil producer group announced a surprise output increase last week forcing crude prices to dive

Slumping oil prices spark leap opportunity for energy importer Türkiye: Analysts - Türkiye Today

Oil prices, which have plunged by over 10% amid escalating trade tensions following the announcement of U.S. President Donald Trump’s tariffs on April 2, could present a significant advantage for energy-importing countries such as Türkiye, according to analysts specializing in the energy sector. Trump’s sweeping 10% tariffs on imports from 185 countries pushed oil prices to their lowest levels since the Covid-19 pandemic, intensifying concerns a…

A reference in Europe, the price of North Sea oil ended the session up 0,32 dollars compared to the previous session, when it closed at 66,55 dollars. Despite regaining ground, it accumulated losses of 1.60% compared to the previous week. Investor fears related to US President Donald Trump's trade war boosted prices today, amid uncertainty surrounding tariff negotiations with China and their impact on the global economy. Trump said today that he…

The decrease in tension between the countries over the last few days has been enough, for now, to offset concerns about a possible increase in commodity production by OPEC+