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Oil Prices Hit Multi-Year Lows As OPEC+ Production, Tariffs Weigh On Market
Thursday, March 6, 2025 - 11:44am | 513West Texas Intermediate crude oil prices have fallen 6% over the past month to reach multi-year lows on Wednesday. Several factors, including trade policies and OPEC+ production increases, contributed to the sharp decline. U.S. Tariffs: President Donald Trump’s 25% tariff on energy...