Fear of Tariff Dominates the Market

There is a clear downward trend from February to March 2025, starting around $78-$79 and declining to approximately $68-$69. This pricing action reflects the influence of escalating trade tensions and concerns about oil demand, as well as the market's response to OPEC+ production cut decisions. The continued price decline suggests that the market perceived an oversupply situation, despite a slight recovery towards the end of March. The overall bearish trend highlights the impact of these factors on the Brent Crude Oil market during this period.

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Fear of Tarff Dominates the Market