Goldman Sachs: Trump's Tariffs Will Have Minimal Effect on Oil and Gas Prices

Reported about 11 hours ago

Goldman Sachs has indicated that the new tariffs imposed by President Trump on imports from Canada, Mexico, and China will have a limited short-term impact on oil and gas prices. The bank noted that a slight decrease in U.S. natural gas imports from Canada won't significantly affect prices, and while tariffs may lead to a discount on Canadian crude, overall oil price forecasts remain unchanged as global production and demand stabilize.

Source: YAHOO

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