Here's Why
Here's Why
Bloomberg
Here's Why Oil Producers Are Driving Prices Lower
10 minutes Posted May 9, 2025 at 11:47 am.
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Crude oil prices have fallen sharply since the start of the year, caught up in the market turmoil of Donald Trump's trade war. The OPEC+ group of oil-producing countries has responded by increasing production, which has pushed prices down further. Why are these nations intentionally hurting their own revenues? Bloomberg Opinion columnist Javier Blas joins host Stephen Carroll to explain.

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