Slumping Oil Prices Reflect Intensifying Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil as a result — were weighing on the market.
It Is Happening Every Day, Every Where
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil as a result — were weighing on the market.
Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.
The Saudi-led cartel said its members would start gradually pumping more oil in April.