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Oil Sinks to Four-Year Low on OPEC Supply Boost, Tariff Turmoil

Markets

Alex Longley, Grant Smith, Mia Gindis

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April 3, 2025

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Bloomberg

Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war that’s also rattling commodities markets from metals to gas.

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