Tag #Oil Prices

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Oil Prices Plummet Amidst US-China Trade War

Global oil prices, particularly Brent and West Texas Intermediate crude, fell sharply on Wednesday, reaching their lowest points since February 2021 and September 2022 respectively, due to the escalating US-China trade war and increased oil production by OPEC+.

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tr.euronews.com
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Crude Oil Prices Plunge Amid US-China Trade War, Recession Fears

Global crude oil prices plummeted to four-year lows on Tuesday, fueled by intensifying recession fears amid the escalating US-China trade war, where China faces a 104 percent import tariff and has vowed to "fight to the end." This widespread sell-off in risk assets also significantly impacted mining...

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nos.nl
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Oil Prices Plunge to Four-Year Low Amidst Global Market Uncertainty

Global stock market declines caused by Trump's import tariffs have driven oil prices to a four-year low of \$64 a barrel, down from \$75 a week ago, impacting oil-producing nations and potentially lowering gas prices by 10 cents for every \$10 decrease in oil prices.

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elpais.com
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Oil Price Crash Cripples Colombia's Economy

Colombia's oil exports have fallen 17% in March due to decreased global demand and OPEC's increased production, creating a significant economic challenge for the country that relies heavily on oil revenues.

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nos.nl
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Oil Prices Plunge to Four-Year Low Amidst Global Market Downturn

Global stock market falls caused oil prices to plummet to a four-year low of \$64 a barrel, down from \$75 a week ago, due to fears of a global trade war and economic recession, impacting oil demand and potentially leading to lower gas prices.

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abcnews.go.com
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US Tariffs and Oil Price Drop Pummel Middle East Markets

Middle East stock markets tumbled Monday due to a near 15% drop in Brent crude oil prices over five days and new US tariffs ranging from 10% for Gulf states to 41% for Syria, impacting energy-producing nations' economies and government spending.

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themoscowtimes.com
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Russia's March Budget Surplus Masks Underlying Deficit Concerns

Russia posted a 500 billion ruble ($5.4 billion) federal budget surplus in March 2025, defying expectations amid falling oil revenues, although the first-quarter deficit totalled 2.2 trillion rubles ($23.7 billion), and a larger-than-expected deficit is anticipated for the year.

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kathimerini.gr
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US-China Trade War Triggers Global Market Crash, Oil Prices Plummet

Amidst the escalating US-China trade war, global markets are experiencing sharp declines; oil prices hit a four-year low at $60.31 per barrel for Brent crude and $57.02 for WTI, while other commodities like coffee and cocoa also fell significantly, following President Trump's announcement of 104% ta...

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elpais.com
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Maduro Declares Economic Emergency in Venezuela Amid US Sanctions

Venezuelan President Nicolás Maduro declared an economic emergency on Tuesday to counter the impact of new US tariffs and sanctions on Venezuelan oil and gas imports, granting himself broad powers to manage the crisis despite the country's already dire economic situation and lack of transparency.

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Zero Hunger
forbes.com
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Trump's Tariffs Trigger Oil Price Plunge

President Trump's tariffs are impacting global stock markets and the oil industry, causing crude oil prices to fall below $60 a barrel, down $10 in a week and 25% since Trump took office; OPEC is increasing supply, and oil company ETFs have dropped 20% in the past week, although gasoline prices are ...

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nos.nl
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Global Oil Prices Plunge to Four-Year Low Amidst Trade War Fears

Global oil prices have plummeted to a four-year low of \$64 per barrel, down from \$75 a week ago, driven by global stock market declines following US import tariff announcements and fears of a global trade war and potential recession.

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themoscowtimes.com
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Trump Tariffs, Falling Oil Prices Trigger Worst Week for Russian Stock Market

Russia's stock market suffered its worst week in over two years, losing $23.7 billion in market capitalization due to President Trump's global tariffs and falling oil prices; major companies experienced significant share price drops, raising concerns about the ruble and state budget.

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Showing 193 to 204 of 321 results