Oil Markets Readjust as the Reality of Trump's Trade War Sinks In

As the oil markets digest the impact of Trump's tariffs, every major institution seems to be lowering its forecast for both demand and prices.- Pre-tariff frenzy has helped Chinese exports beat expectations in Q1 2025, with total exports rising 12.4% year-over-year in March, triple of analyst expectations and amounting to a hefty $313.9 billion.- Not even US-China trade saw notable changes last month as Beijing’s trade surplus surged to $27.6 billion on the back of a 4.5% year-over-year increase in bilateral trade.  - Chinese refiners…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com