Finance Pro
    Subscribe for Alerts
    News

    Crude oil loses most since July 2022 as tariffs, OPEC output hike make ‘good bearish cocktail’ | Invesloan.com

    Apr. 03, 2025 7:47 PM ETUnited States Oil Fund, LP ETF (USO), XLEKMI, OKE, PTEN, UCO, VLO, APA, COP, OXY, XOM, HAL, HES, WMB, DVN, OVV, RIG, CVX, HP, SLB, NBR, NE, EOG, EPD, XOP, DBO, TPL, USL, SCO, BNO, MPC, PSX, FANG, GUSH, DRIP, LBRT, USOI, ET, CO1:COM, CL1:COM, VALBy: Carl Surran, SA News Editor
    Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

    SlavkoSereda/iStock via Getty Images

    Crude oil futures plunged by the most in nearly three years on Thursday, as concerns about weaker demand due to U.S. tariffs were exacerbated by the surprise move from OPEC+ to accelerate the return of withheld production, sending shockwaves across oil markets.

    Share.

    Keep Reading

    © 2007-2023 Invesloan.com All Rights Reserved.