India  
 
NewsR.in

Oil prices hits four-year low; consumers gain, producers brace for impact

IndiaTimes Sunday, 1 June 2025
Falling oil prices, driven by Trump's policies and increased OPEC+ output, have reached pandemic-era lows, benefiting consumers through reduced inflation and enhanced spending power. However, this situation poses challenges for oil-producing nations, particularly high-cost producers and those with limited financial reserves. OPEC+'s decision to increase output further exacerbates these pressures, impacting vulnerable members and non-OPEC producers reliant on oil revenues.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

World In PANIC As Oil Surges After U.S Strikes On Iran | Tehran Threatens To Close Hormuz Chokehold [Video]

World In PANIC As Oil Surges After U.S Strikes On Iran | Tehran Threatens To Close Hormuz Chokehold

Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets,..

Credit: Oneindia     Duration: 03:05Published
‘KEEP OIL PRICES DOWN’ Trump EXPLODES On Truth Social | Issues Big WARNING To Iran | Iran Conflict [Video]

‘KEEP OIL PRICES DOWN’ Trump EXPLODES On Truth Social | Issues Big WARNING To Iran | Iran Conflict

U.S. President Donald Trump broke his silence on the Strait of Hormuz crisis with an explosive post on Truth Social, urging oil producers to "KEEP OIL PRICES DOWN" and warning that they’re “playing..

Credit: Oneindia     Duration: 03:05Published