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Oil hits 4-year low, coffee and EU gas fall

Oil slumps to $60 a gallon — lowest price since 2021 — as recession fears mount

Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent surprise supply hike could cause a surplus.

Insider on MSN · 4d

The trade war is clobbering energy markets, with oil hitting its lowest price in 4 years

Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are pressuring crude prices.

Reuters on MSN · 2d

Oil hits 4-year low, coffee and EU gas fall as trade war intensifies

Oil prices fell to a four-year low and traded below $60 a barrel on Wednesday, while several commodities, including coffee, tumbled as the trade war between China and the U.S. escalated, with Beijing announcing steeper tariffs on U.

Texas, Trump and the oil and gas

Associated Press News on MSN · 2d

Keystone oil pipeline shutdown could quickly lead to higher gasoline prices

The nearly 2,700-mile Keystone oil pipeline was shut down Tuesday morning after it ruptured in North Dakota, halting the flow of millions of gallons of crude oil.

Chron on MSN · 1d

Texas oil and gas leaders frustrated over unpredictable Trump

The oil industry that once helped President Donald Trump get elected is now fuming as crude prices plunge. "I don't know an industry that was more supportive of Trump than the oil and gas industry," Latigo Petroleum President and CEO Kirk Edwards,

Yahoo · 1d

West Texas, oil companies brace for downturn following Trump’s tariffs

Trump’s latest round of tariffs set off unease among industry groups representing Texas operators. Trade leaders said Trump’s actions threaten the industry’s ability to continue meeting global oil demand.

Saudi crude to China to surge in May after price fall, sources say

Saudi Arabia's crude oil supply to China will surge in May from the prior month as a sharp price cut by the kingdom attracted ...

3don MSN

Crude oil adds to four-year lows; Goldman warns oil below $40 possible in 'extreme' scenario

Crude oil futures surrendered early gains and fell for a fourth straight session, with WTI and Brent futures both hitting ...

Oil News: Crude Tumbles as Trump’s Tariffs Threaten China Demand Outlook

China tariffs threaten oil demand growth and oversupply fears mount. Market braces for prolonged price weakness.

Goldman Sachs lowers oil price outlook on supply glut and recession concerns

Goldman Sachs has revised its forecast for Brent crude oil's average price for the year, lowering it by 5.5% to $69 per ...

7don MSN

Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

FXEmpire.com14h

Oil News: Crude Jumps on Middle East Supply Fears and China’s Demand Boost

Any peace negotiations could lead to the easing of sanctions on Russia, potentially bringing more crude supply back to global markets, which would put downward pressure on prices. Oil prices are ...

OilPrice.com9d

Global Crude Oil Shipments Rise Ahead of OPEC+ Supply Boost

Global seaborne crude oil flows increased in March, driven by rises in exports from Brazil, Canada, and Russia, ahead of ...

Crude Oil Slump Could Extend as Tariffs Compound Supply-Driven Weakness

The ongoing tariff war is shaking the markets, and it has its impact on oil prices, too. The value of crude oil is falling ...

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