Bloomberg (April 5)
2025/ 04/ 07 by jd in Global News
“The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape with stunning speed.” The market is frantically “tossing aside expectations for 2025” as Brent crude “tumbled 13% through Thursday and Friday to just over $66 a barrel, casting new doubts on Trump’s quest to aggressively boost US fossil fuel output and achieve ‘energy dominance.’”
Tags: $66, 2025, Altered, Brent, Doubts, Energy landscape, Expectations, Fossil fuel, Market, Oil prices, OPEC, Output, Plunge, Production, Stunning, Surprise, Trump’s tariffs, Tumbled, Twin shocks, U.S.
