Oil rises 1% but trades at multi-year lows as China braces for US trade war
Oil & Gas 360º
APRIL 8, 2025
a barrel at 10:13 a.m. “The scenario has presented a case for a global recession, where fears of energy demand declining have emerged,” said Alex Hodes, director of market strategy at financial services firm StoneX, in a note on Tuesday. million barrels, indicating market expectations of weak demand.
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