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Oil slides as IEA sees trade tensions weighing on oil demand while supply surplus rises

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Mar. 13, 2025 7:55 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA Information Editor

SlavkoSereda/iStock through Getty Photos

Crude oil futures surrendered among the earlier session’s features on Thursday, with market sentiment weighed by persevering with issues over the potential financial influence of commerce tariffs together with a recent warning over a possible surplus in international crude provide.



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Tags: demandIEAOilrisesSeesslidesSupplysurplustensionstradeweighing
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