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Oil falls into negative territory on new Trump tariffs

The Star LogoThe Star1d ago

Oil falls into negative territory on new Trump tariffs - The Star

Quick Summary:

Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as US President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.

Trump's tariff policies could stoke inflation, slow economic growth and escalate trade disputes, possibilities that have limited oil price gains.

A chart listing countries and tariffs that Trump showed during his announcement did not detail tariffs on Canada and Mexico.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 06:23:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 572 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27550213

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 44 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Oil falls into negative territory on new Trump tariffs" has 572 words across 22 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Oil falls into negative territory on new Trump tariffs" was covered 1 days ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 44 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #27550213
  • URL: https://beamstart.com/news/oil-falls-into-negative-territory-17436367451249

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