Why Trump’s promised ‘Liberation Day’ tariffs may cause ‘correction day’ for oil - MarketWatch
1. Oil markets may face price pullback due to upcoming tariffs. 2. Trump’s tariffs on Venezuela could tighten supply despite geopolitical noise. 3. Investor sentiment and U.S. data may lead to demand destruction. 4. OPEC+ plans to unwind production cuts amidst uncertain demand. 5. Traders are cautious about U.S. shale production's ability to stabilize prices.