Tag: Global market

Escalating trade war: U.S. and China reach unprecedented tariff heights

The United States and China have further escalated the trade war, taking the dispute to unprecedented levels. United States and China have further escalated the trade war, taking the dispute to unprecedented levels. The two largest economies in the world are now at the highest point of tariffs seen so far. Shortly after U.S. President […]

China retaliates against U.S. tariffs with new import duties

The Chinese government announced the imposition of tariffs on products such as coal and liquefied natural gas, crude oil, agricultural machinery, and large-cylinder automobiles. China has responded to the broad tariffs imposed by President Donald Trump. On February 4, China announced that it plans to impose tariffs on selected U.S. imports. Additionally, the Chinese government […]

Deterioration in the global diesel market

Diesel sales decline as drivers switch to other alternatives The global diesel landscape shows concerning signs of deterioration, causing unease among oil sector investors. Across Europe, the United States, and Asia, a noticeable decrease in markets has been observed, characterized by the absence of premiums in short-term prices. This phenomenon is commonly interpreted as an […]