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@ Layer3.news
2025-03-07 08:06:22
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
OIL FALLS TO LOWEST IN SIX MONTHS AS TRADE WARS CLOUD OUTLOOK
https://s.yimg.com/ny/api/res/1.2/ROfNJW0A9sw9vEqjSrv7iQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_markets_842/aa38e5900804115440e59a15e3b3b6f4
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✍️ Oil prices plunged to their lowest in about six months due to concerns over demand amid US President Donald Trump's trade wars and OPEC+'s plans to increase supply.
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👉 Oil prices fell to their lowest level in about six months
👉 Concerns over demand grew amid US President Donald Trump's trade wars
👉 OPEC+ plans to increase supply
👉 US domestic stockpiles swelled last week, adding to expectations of a surplus
👉 Many firms have revised their price forecasts lower
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#DonaldTrump #RebeccaBabin #business
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