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Oil prices head for third straight weekly fall amid tariff fears, U.S. supplies - MarketWatch

1. U.S. oil futures hit 2025 lows amid rising inventories. 2. Concerns over tariffs on China may reduce crude demand. 3. WTI and Brent dropped to their lowest levels since December. 4. U.S. crude inventories rose by 8.7 million barrels last week. 5. Analysts predict a further decline towards $65 to $68 range.

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FAQ

Why Bearish?

Rising inventories and trade tariff concerns could further depress oil prices, similar to past downturns due to trade tensions.

How important is it?

The article discusses critical factors like rising inventories and tariffs, directly linked to oil price movements.

Why Short Term?

Immediate market reactions to inventory data and tariff announcements typically affect WTI prices quickly, similar to past events where tariffs have influenced market sentiment directly.

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