Analyst comments and AI-powered recommendations about OIL as of 4/18/2025... These reviews are gathered from sources published anonymously on the internet.
While tariffs could impact supply chains and pricing, the overall outlook for oil remains uncertain given the geopolitical tensions and economic policies in play.
Oil prices are declining in response to fears of an impending recession fueled by tariffs and trade issues. The economist points out that, typically, oil prices drop as the market anticipates decreased demand during economic slowdowns, indicating a bearish trend.