Sunday, April 13, 2025

Tag: Economy

Oil Prices Explode as Trump Hits Pause on Tariffs—WTI Rockets 4.6%

Oil prices surged after Trump announced a 90-day suspension of tariffs, reversing a four-day decline in the market.

Oil Sinks 18% Over Four Straight Days as Tariff Tensions Escalate

Oil prices fell sharply due to Trump's new tariffs on China, raising fears of a global economic slowdown. Brent crude dropped 2.16%.

ECB Signals June Cut as Trade Tensions Weigh on Growth

The ECB is likely to cut interest rates twice amid recession fears linked to Trump's tariffs, raising concerns about the Eurozone economy.

Brent Drops 14% Over 3 Days on Recession Concerns

Oil prices fell as Trump warned of new tariffs on China, raising recession fears and impacting global demand for crude oil.

Oil Prices Sink 7% as Trade Tensions Raise Fears of Global Slowdown

Global oil prices fell sharply by 7% due to trade tensions and OPEC+ plans to boost production, hitting four-year lows.

Oil Slumps as Trump Ignites Trade War, OPEC Adds Fuel to Fire

Oil prices fell over 6% due to Trump's tariffs and OPEC+'s production increase, raising fears of recession and stagflation.

Trump’s ‘Make America Wealthy Again’ Speech Set to Reveal New Reciprocal Tariffs

Trump announces reciprocal tariffs to boost competitiveness and reduce trade deficit, aiming to protect the U.S. economy.

Wall Street Slammed by Stagflation Fears—Nasdaq Tanks 2.7%

US stocks plummeted amid stagflation fears, with consumer confidence hitting a three-year low and tech shares suffering significant losses.

Trump Hints at Car and Pharma Tariffs — But Keeps April 2 Plans Vague

Trump indicates tariffs on cars and pharmaceuticals are imminent but may be delayed; April 2 remains a key date for trade announcements.

Brent Tops $70 as Middle East Instability Fuels Price Surge

Oil prices rebounded as tensions in the Middle East escalated despite U.S. economic concerns. Brent crude rose to $70.78 per barrel.

Reciprocal Tariffs Are Coming — But No One Knows How They’ll Work

Trump's reciprocal tariffs set for April 2 face complications, with inconsistent approaches and challenges in quantifying rates.

Brent Crude Dips Below $70: IEA’s Outlook for Oil Demand Pushes Prices Lower

Global oil prices fell due to IEA's concerns over weakening demand amid economic slowdown and revised growth forecasts.