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Oil tanks 6% amid 'panic selling' as Trump tariffs, OPEC+ supply increases send prices reeling

Yahoo Finance
Summary
Nutrition label

68% Informative

Oil futures futures tanked more than 6% on Thursday as Trump 's tariffs sent financial markets reeling.

The Organization of Petroleum Exporting Countries agreed to hike supply more than expected beginning in May .

This decision will add 411,000 barrels per day to the global oil market, and this news deepens losses that began late Wednesday .

VR Score

74

Informative language

75

Neutral language

50

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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