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Home > Chemicals Market Price & Insight > Crude oil Market Price & Analysis > Trend Analysis - Crude oil > The expectation of both demand and supply pressure pushed the European and American crude oil futures to the lowest point in nearly four years (2025-04-07)
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The expectation of both demand and supply pressure pushed the European and American crude oil futures to the lowest point in nearly four years (2025-04-07)

ECHEMI Info 2025-04-07
<p>The market is worried that the US's tariff policy and the retaliatory response will lead to a global economic recession and a decline in commodity demand. In addition, the increase in production by OPEC and its production-cutting allies in May was far higher than expected. With the plunge of global stock markets, the…</p>
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