Saudi Signals and Trump Tariffs Are Cracking the Oil Market ...Middle East

OILPRICE - Economy
Saudi Signals and Trump Tariffs Are Cracking the Oil Market
source : OILPRICE ( Middle East ) () 101
Low inventories reported today by the Energy Information Administration (EIA) did nothing to staunch the bleeding, with WTI getting gutted nearly 4% on the day, and Saudi rumors throwing another spanner in the works, while new U.S. economic data suggests more pain is in store for the sector.  Three weeks ago, eight OPEC+ countries unveiled plans to phase-out their voluntary oil output cuts by ramping up output in May by 411,000 barrels per day--equivalent to three monthly increments. The announcement came at a time when U.S. President Donald…

Hence then, the article about saudi signals and trump tariffs are cracking the oil market was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi Signals and Trump Tariffs Are Cracking the Oil Market )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Africa: Africa's Regional Blocs Must Prevent a Silent Scramble for Critical Minerals

before 41 minute

Sisi holds meeting with CBE governor, as Egypt’s foreign reserves hit record $52.6 billion

before 50 minute

‘There is no chance I’ll ever pay off my eye-watering student debt in full. Here’s why that doesn’t matter’

before hour & 13 minute

Trump’s Challenge to Free Market Capitalism

before 3 hours

Tickets for the 1984 Olympics in L.A. were $3. Could it happen again?

before 3 hours & 5 minute

Pricer wants retail shelves to come alive with new Pricer Avenue™ platform at EuroShop 2026

before 3 hours & 36 minute

Investments expert explains ‘three pot’ method for building savings

before 10 hours & 7 minute

Copper Unlikely to Follow Near-Term Gold Rally

before 13 hour & 2 minute

Ethiopia: Ethio Telecom CEO Says Telestream Goes Beyond Entertainment to Power Nat'l Digital Growth

before 13 hour & 25 minute

Petro's Policies Are Decimating Colombia's Natural Gas Industry

before 15 hour & 11 minute

The Last Stand for King Coal

before 17 hour & 12 minute

The Missing Link in America’s Nuclear Space Strategy

before 19 hour & 13 minute

Trump’s response to Supreme Court tariff block opens new era for economy

before 20 hour & 12 minute

US Stocks Close Higher

before 20 hour & 27 minute

Muscat stock exchange Index rises 47 Points last week

before 20 hour & 58 minute