Friday, 2 May 2025 () Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent supply outlook weighed on sentiment. Friday, May 02, 2025 China, preparing for a week-long lull in trading activity, has nevertheless given the oil markets a much-needed carrot after a month-long stick treatment, saying that Beijing is evaluating a Trump administration proposal to hold negotiations over tariffs. As US-Iran nuclear talks have seemingly hit a temporary impasse, ICE Brent is set to start May trading with…
Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s..
Trump’s Shocking Tariff Move. Trump has announced a shocking 25% tariff on all countries importing oil and gas from Venezuela, set to take effect on April 2. Trump justified the move by accusing..
Friday, 2 May 2025 ()
![World at War After Trump Tariffs: Oil Prices Crash to 4 Year Low | Brent Sinks Below $64 [Video]](https://video.newsserve.net/300/v/20250407/1407378320-World-at-War-After-Trump-Tariffs-Oil-Prices.jpg)
![Trump’s Shocking Tariff Move | 25% Tariff to Hit Countries Importing Venezuela Oil | Details [Video]](https://video.newsserve.net/300/v/20250325/1406109360-Trump-Shocking-Tariff-Move-25-Tariff.jpg)
