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Oil Prices Rebound 1% After Tariff-Induced Selloff, But Recession Fears Linger

Global oil markets experienced a modest recovery on Tuesday, with prices climbing more than 1% after a brutal selloff driven by fears that new U.S. tariffs could trigger a worldwide economic slowdown. The rebound offered temporary relief to energy investors, but analysts warned the recovery remains fragile as trade tensions between Washington and Beijing escalate. […]

Goldman Sachs Slashes Oil Price Forecasts by $15 as Tariff Fears and OPEC Surplus Loom

Goldman Sachs has revised its Brent crude oil price forecast downward by 15 per barrel, now projecting an average of 75 for Q3 2025, citing escalating trade tensions and unexpected OPEC+ supply increases. Key Factors Driving the Downgrade: Trump Tariff Fallout: Potential 10-15% drop in global trade volumes Reduced industrial demand from China and Europe Strengthening […]

U.S. Stock Futures Rebound After Sharp Decline, Investors Await Key Economic Data

Global financial markets experienced heightened volatility as investors digested a mix of economic data and geopolitical developments. U.S. stock futures showed signs of recovery on Monday following a sharp decline on Friday, with the Dow Jones Industrial Average dropping 1.69% to close at 43,428.02. The S&P 500 and Nasdaq Composite also saw significant losses, reflecting […]