Oil
Oil price crashes
As trade risks increase and Saudi Arabia lowers prices.
4/7/2025
The oil price has recently been in free fall after Saudi Arabia cut the price of its most important crude oil by the most in over two years.The escalating trade war is fuelling fears of a global recession and weaker demand for energy.Brent fell almost 4% to USD 63.01 per barrel, a four-year low, before recouping losses, while West Texas…
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