Oil, Tariffs and a Bit of Market Uncertainty
Crude futures have found a touch of calm, but traders are biding their breath as the deadline looms for President Trump‑style tariffs on imports from Canada and Mexico. These two nations punch in a heavy share of oil to the U.S., so a 25% tariff alarm raises red‑flag vibes about potential supply hiccups.
Why the Fuss?
- Exports at Stake: Both Canada and Mexico are big oil players. A tariff could pinch the fuel flow and leave markets jittery.
- Supply Risks: The uncertainty might push volatility higher next week — keep your goggles on.
- Price Meltdown: Oil prices fell for two straight weeks, echoing a broader cocktail of market nerves.
- Demand Worries: Even as U.S. production could climb, a dip in global demand is squeezing prices.
What’s on the Horizon?
OPEC+ is due to meet soon, adding another layer of intrigue. Their decisions could tilt supply curves and tweak prices. Meanwhile, any fresh data from China will be a key pulse‑check on global demand, and the U.S. continues to monitor tariff news and production changes.
Hang on Tight
Keep your eyes peeled – the market’s playing a high‑stakes game with supply, demand, and politics all intertwined.
