Finance

Why crude oil could trade ‘sideways until further notice’

Supply concerns, tariff-driven tensions put downward pressure on crude in first quarter, analysts say

A pump jack operates near a crude oil reserve in the Permian basin.
A pump jack operates near a crude oil reserve in the Permian basin.Photo: REUTERS/SCANPIX
North America Energy CorrespondentBaton Rouge
Published 31 March 2025, 15:34Updated 31 March 2025, 15:58
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