Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Trade War Fears
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Oil markets, including WTI and Brent, are down by 1.5% due to concerns that trade wars will negatively impact demand.
March 13, 2025 | 7:30 pm
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NEGATIVE IMPACT
Brent oil prices have decreased by 1.5% amid fears that trade wars will negatively impact demand.
The article highlights a 1.5% decline in Brent oil prices due to concerns about trade wars affecting demand, indicating a short-term negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
WTI oil prices have decreased by 1.5% as traders are concerned about the impact of trade wars on demand.
The article directly mentions a 1.5% drop in WTI oil prices due to fears that trade wars will reduce demand. This is a significant short-term negative impact on WTI prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100