July
Oil Market’s Focus Shifts to Demand as Trump Reignites Trade War
While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his renewed attacks on trading partners this week have solidified consensus on at least one matter: The outlook for crude demand is set to worsen.
S&P 500 Halts Record-Breaking Run as Bonds Slide: Markets Wrap
Stocks fell from all-time highs as Donald Trump intensified his trade offensive, sending the dollar to its best week since February. Concerns about the potential inflationary impacts of tariffs weighed on Treasuries, while oil traders braced for US efforts to crimp Russian energy exports.
Saudis Ask OPEC Watchers for Data Change to Meet Quota
Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the matter.
