Teeling reduced the growth of unexpected OPEC production in the energy sector and the fear of tariffs, oil prices to 7%

President Trump’s sweeping tariffs combine OPEC’s unexpectedly to the oil and gas sector with a large production hike, resulting in raw prices and afraid of low energy demand in economic slowdown.

The tariffs, which exclude oil and fuel imports, are still expected to increase energy production, construction and transportation costs to create an amplifier global energy needs. The decision from the national OPEC nations and allies, especially from Saudi Arabia and Russia, adds additional supply on fears of the recession available to increase the expected production growth.

Joint announcements from the White House and OPEC, about 78 of the office in January 3, about 78 NYMEX WTI-Hovel, above $ 66, above a barrel, above about $ 78, about $ 78.

“The world is more complicated and outlook is cloudy,” said the investment officer for energy partners for the founder and head and investment employee, collecting energy foreecaster.

“It’s a double knock, because I think that this number of these tariffs is now more or worse than what OPEC is expected,” he said.

Trump leadership facilitates its environmental rules in the oil and gas industry and facilitates its work by providing rapid tracking, and the sector is now a bit “marriage” with the President.

“Breeze rose. Now we have to see that the comfort of the business will prevent some pain in lower prices,” he said. “I was not happy now, but I wouldn’t be completely surprised. This was better than Obama and Biden, than those beneath Bush and Trump.

Again, the American Oil Institute of Lobby chose to focus on the fact that Trump did not do the energy imports.

“President Trump’s new tariffs decide to emphasize the importance of oil and natural gas and integrated global gas and integrated global energy markets and the importance of the American Net Energy Exporter.”

In the late Wall Street Trade, the reserves of the large oil giants in the April 3 trade Bar and Bp Independent US oil producers independent US oil producers were sharply, respectively 5.5% and 6.8%, 6.8% Conocofillips Up to about 9% Oil More than 10%. Including many small producers, including Devon power and Diamondback Energywas 11% or more low per day.

Casual timing

The so-called OPEC + key will add 411,000 barrels of more than 411,000 barrels in May and Russia, Kazakhstan and Oman in May, the basics of supply and demand are already weaker.

However, this is, for some of these, Saudi Arabia and others react to the demand of the global market in the countries of the country, they are killed in the global market in the global market, the Matt cane, energy analyst and vice president and vice president of foreign news.

“OPEC + has sensitive reasons for production faster,” he said. “Unfortunately, they could not put this decision for a longer period for a longer period, because they could not take longer prices and sale for the next month.

“This decision coincided with Trump’s slapdash tariff announcement.”

The selected selection agreed with the great few chances. “Timing is terrible and now it’s more terrible.”

“Forget the whole tariff noise. Only on the supply and demand, someone is forced to blink or prices (barrel), in the industry, the industry asked for a price point to fall and dramatically reduced.

He said he would come to the budgets with a temporary stop and budgets. In order to help Trump, balance and demand, Iran may need to impose more sanctions on oil. “If we don’t see it, it intends to be ugly or ugly.”

OPEC, both domestic demand and the United States can think of potential sanctions on Iranian oil.

“OPEC can prepare the basic work,” said Galimberti. “Trump is still likely to apply maximum pressure to Iran.”

The recent results of the tariffs are unknown and said the world is now facing a new world order.

“Something is already clear: the US latest resort expires as a global trading order based on the United States and the Borrower and the world’s economic and energy system must still be adapted in accordance with the formed form and form of the world. Galimberti.

This story was first displayed Fortune.com

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