Threat of Rising Supply and Demand Destruction Puts Oil Prices Under Pressure
Tuesday, 4 March 2025 () The trade war between China and the U.S. is intensifying just as OPEC+ prepares to unwind its production cuts, putting oil prices under considerable downward pressure.- The US-China trade war escalated over the past week with the White House signing off another 10% hike on Chinese imports to the country, raising the overall level to 20%, all the while postponed tariffs on Canada and Mexico took effect March 4. - Canadian crude flowing to US Midwest refiners will be subjected to a 10% tariff, most probably leading to a 2-3% increase in gasoline…
Russian forces have claimed a significant victory near the strategic city of Pokrovsk in Donbass, successfully capturing fortified Ukrainian positions after a fierce assault. A video released by..
Tuesday, 4 March 2025 ()
![VIDEO| Putin’s Men Claim Major Victory Near Pokrovsk | Ukrainian Leopard Tank Destroyed [Video]](https://video.newsserve.net/300/v/20250117/1399072346-VIDEO|-Putin-Men-Claim-Major-Victory-Near.jpg)
