The oil is reduced as fear of global recession

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On Monday, the price of oil then the US President did not sweep global tariffs, despite the fact that the US President dedicated to the stock markets and the fear of the recession.

Brent raw, in the past five days, four years in low and in the last five days, four years lower and 15 percent, to start a sharp decline in the global economy for $ 63.94 per barrel.

The announcement of Trump’s “Freedom Day” tariffs Last Wednesday evening, the OPEC + coalition was followed by an unexpected action to increase oil output.

“I think this is very serious. This year, in 2008, I do not think the world is worldwide in 2008, but in the global economy there is a serious slowdown in the global economy,” he said.

Some analysts told to fall oil For some of the price producers in the United States, Trump’s prices in the United States may be very low for the promise of increasing local production or “drilling, baby, drilling”.

However, the president accepted that the US decided to bring or spend expenditures for consumers.

On Monday, “Oil prices” wrote: “Oil prices are down:” Oil prices are low, interest rates are low (slow-moving feeds), do not have inflation and use billions of dollars in the US countries. “

Celebrating Sunday, Goldman Sachs analysts reduced oil pricing forecast after economists who predicted the risk of US economy and higher recession. Now in 2026, an average of $ 58 barrels and West Texas intermediate a barrel is waiting for a brent crude for trading between $ 58.

“Risks to reduce the price of reduced oil are reduced, because the risk of decline increased, and because OPEC + supply can be more likely to rise,” he said.

“Our economists also raised the probability of 12 months of filtering 45 percent to 45 percent, and if the White House focuses on the April tariffs, they said they would change their predictions in a decline.”

Morgan Stanley, 12.5 percent decline in the brent cognition between Monday morning, on Wednesday and Friday, was relevant to the decline of 12.5 times last week, he said.

The first half of this year reduces the forecast for the forecast for about 550,000 barrels per day.

“Our prediction” in the second half) “(the second half)” (the second half) “We estimate that” the second half “will not change the predictors ‘to $ 60’.

Ole Hansen, the head of the head of the commodity strategy, said, “Warning of crude oil dramatic lands” said, “Dramatic slip of crude oil last Wednesday.

Decision made by eight Opec + Member, to put forward plans reverse production cuts In May, 411,000 B / D means 411,000 b / d between 122,000 b / d.

Kazakhstan followed the tension between members of the members of the production cuts, which series the production cuts on their quotas.

Shares, Monday morning, Shell, 7 percent and BP’s 6 percent fall in the UK’s largest listed oil producers and fell by classifying a larger market.