HomeOil and GasOil Sinks 8% on China Tariffs, Recession Fears Mount Oil and Gas Oil Sinks 8% on China Tariffs, Recession Fears Mount By Energy Jobline April 5, 2025 0 111 Share FacebookTwitterWhatsAppLinkedinReddItEmail Oil prices plunged nearly 8% as China announced sweeping tariffs on U.S. goods, fueling global recession fears and rattling energy markets. Brent and WTI hit four-year lows amid escalating trade tensions and OPEC+ supply moves. Related TagsOIL Share FacebookTwitterWhatsAppLinkedinReddItEmail Previous articleArgentina Opens $1.4 Billion, 326-Mile Pipeline to Double Oil Export CapacityNext articlePanama Canal to Open Bidding for New LPG Pipeline Project Energy Joblinehttps://news.energyjobline.com RELATED ARTICLES Oil and Gas Iowa Senate Passes Bill Tightening Rules on Carbon Pipeline Land Seizures May 17, 2025 Oil and Gas Line on Trans Niger Pipeline Shut After Spill in Ogoniland May 17, 2025 Oil and Gas China Overtakes U.S. as Leading Buyer of Crude on Trans Mountain Pipeline May 17, 2025 - Advertisment - Most Popular BMW Neue Klasse EVs Shed More Camouflage Ahead Of Reveal May 18, 2025 America’s EV Outlook Just Got Bleaker. China Isn’t Slowing Down. May 18, 2025 Porsche Just Added A Bunch Of Stations To Its EV Charging Service Plan May 18, 2025 Chevy Blazer EV Vs. Cadillac Lyriq: How Different Are They? May 17, 2025 Load more Recent Comments