Tariff talk delivers rollercoaster ride for crude prices
Trade tariffs have vied with the latest Opec+ announcement for traders’ attention this week
Benchmark crude futures have this week been hit by a bearish pincer movement: increased output from Opec+ on the supply side, and Trump’s tariff ‘strategy’ on the demand side.Photo: UPSTREAM/RYTIS DAUKANTAS
Published 7 March 2025, 10:07Updated 7 March 2025, 10:07
