Oil Extends Slump as Saudis Slash Prices and Tariff Risks Mount

Oil Extends Slump as Saudis Slash Prices and Tariff Risks Mount


Oil sank at the week’s open after Saudi Arabia slashed its flagship crude price by the most in more than two years, and the escalating trade war spurred concerns about a global recession and weaker demand.

Author: Bloomberg News


Published at: 2025-04-06 22:56:46

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