Oil majors see stocks plummet as tariffs, Opec+ increases stun markets

Analysts revise oil demand forecasts downward amid global chaos

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, US, on Friday, 4 April 2025. — Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, US, on Friday, 4 April 2025.Photo: REUTERS/SCANPIX

Robert Stewart

North America Energy CorrespondentBaton Rouge

Published 4 April 2025, 19:05Updated 7 April 2025, 09:48

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