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Business & Economics

Oil prices may need to fall another 20% before a 'Trump put' stops this year's slide

Yahoo Finance
Summary
Nutrition label

79% Informative

Wall Street analysts have been lowering their price target for crude in recent weeks as demand fears grew out of an escalating trade war sparked by Trump 's tariff policy.

The Organization of Petroleum Exporting Countries and its allies voted to increase output next month .

Industry insiders have highlighted that the rising cost of drilling is already causing production to plateau.

VR Score

81

Informative language

80

Neutral language

53

Article tone

formal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

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