LIVE: Oil Prices Resume Downward Spiral

Oil prices plummeted on April 10, 2025, with WTI and Brent crude experiencing significant drops due to heightened trade tensions between the US and China, including tariff hikes. Supply factors, such as the Keystone pipeline outage and surging US crude inventories, contributed to the downward pressure on oil prices, further destabilizing the market. Analysts warn of continued volatility and potential for prices to fall towards $50 per barrel amid weakening global demand and increasing trade barriers, creating uncertainty in the oil market. 1m ago…