Oil yields to decline amid changes in US commercial policy

Oil continued its chain of fluctuations with the evaluation of investors of sudden transformations in US commercial policies, as futures returned after decline, after a recovery wave was seen on Wednesday. The ‘West Texas’ mediator fell 3.7% to close nearly $ 60 a barrel, after it approached during the lowest level in four years, while Brent -rough in the previous session achieved the largest daily profit in the session since October. In light of the unrest of the market, US President Donald Trump announced a 90 -day commentary on customs exchange against dozens of countries, but he raised the fees on China to 145%. The stock markets under pressure fell on Thursday, as new data failed to show that US inflation delayed in March to calm the fear of traders for an economic slowdown caused by customs duties, raising the pressure on RU prices. “President Trump is trying to reduce inflation, and reducing energy prices is at the heart of the strategy,” says Simon Wong, an analyst at Gabeli Fends. He added that the fall in inflation will enable the Federal Reserve to lower interest rates, which will enable Trump to refinance trillions of dollars at low prices. The pressure of oil prices has fallen sharply compared to the beginning of the month, with the US escalation in customs duties caused warnings across the global recession that could reduce energy demand. At the same time, the “OPEC+” alliance has committed to accelerating the rate of reduction restrictions, which increased the fear of the increase in the surplus of the global supply. Kazakhstan, who has repeatedly exceeded the boundaries of its production, takes new negotiations with oil companies to reduce production in accordance with the share in the “OPEC+” agreement, according to the agency “Interfix”. China is the largest oil importer, and the highest US fees can affect the consumption of fuel and petrochemically. Even before Trump returned to the White House, the consumption of gasoline and diesel saw a contraction, partly due to the extensive real estate crisis, and due to the distribution of electric vehicles and renewable energy sources. Signs of the deep economic slowdown in China in a reflection of established economic challenges in China showed the data published on Thursday that the contraction of consumer prices continued the second month in a row in March, while producers’ prices continue to shrink the thirtieth month. Elsewhere, the United States has reduced its forecast for local production and the growth of global oil demand. The Energy Information Division drafted these expectations before the customs duties were announced on Wednesday. Parts of the oil futures curve remain in the event of ” ‘, a negative price pattern in which short futures is traded compared to long -term contracts. Brent is trading for the delivery of February 2026 without the prices of the next months.