Market watchers are predicting a bearish outlook for crude oil prices, with fears of a drastic fall if OPEC+ unwinds its existing output cuts. Tom Kloza, global head of energy analysis at OPIS, warns that oil prices could plummet to $30 or $40 a barrel without a real agreement to curb production, potentially erasing around 40% of current prices. Currently, global benchmark Brent is trading at $72 a barrel, while U.S. West Texas Intermediate futures are around $68 per barrel.
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Trump is clearly fed up with Putin – but will his shift in tone force Russia to the negotiating table? | World News
Donald Trump's recent announcement marks a significant shift in his stance on Ukraine, as he now acknowledges the need to support Kyiv against Russia's aggression by dramatically increasing U.S. weapons supplies. This policy change is framed as a financial "deal," with NATO partners purchasing American arms to bolster their defenses and aid Ukraine, alongside a 50-day ultimatum for Putin to negotiate peace. Explain It To Me Like I'm 5: Donald Trump announced a big change...
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