# Crude Prices Collapse on Tariff Announcement - ADM Investor Services

> Crude oil prices fell sharply after the US tariff announcements, with traders worried a trade war would reduce global demand. EIA data showed crude stocks rising 6.2 million barrels against an expected draw, while distillate stocks rose 0.3 million barrels.

- Date: 2025-04-03 · published 2025-04-03T12:00:00.000Z
- Category: trade · region Global · magnitude high
- Page: https://feedsoft.ai/events/12524-crude-prices-collapse-on-tariff-announcement-adm-investor-services
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Demand-destruction fears from tariffs push crude lower, and the bearish EIA crude build reinforces the decline. Lower crude typically weighs on diesel and biofuel-linked feedstock values.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DIESEL | 2025-04-07 | 5 | -10.4% | -3.0 | Crude collapsed after the April 2-3 US tariff announcement on trade-war demand fears, and a bigger-than-expected crude stock build added to the ULSD sell-off. |
| BRENT | 2025-04-07 | 5 | -15.6% | -5.6 | Crude collapsed on tariff fears of reduced demand, while a 6.2M barrel EIA crude stock build added bearish fundamentals. |
| WTI | 2025-04-07 | 5 | -15.5% | -4.6 | Crude collapsed on the tariff announcement and a surprise EIA crude stock build added bearish fundamentals. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-08-01 | [Oil slumps 7% as Trump announces additional tariffs on Chinese imports](https://feedsoft.ai/events/8492-oil-slumps-7-as-trump-announces-additional-tariffs-on-chinese-imports.md) | -12.7% | -4.7% |
| WTI | 2025-04-03 | [OIL FUTURES: Crude prices sink after Trump unveils sweeping new tariffs](https://feedsoft.ai/events/7296-oil-futures-crude-prices-sink-after-trump-unveils-sweeping-new-tariffs.md) | -13.1% | -16.5% |
| WTI | 2025-04-07 | [US tariffs to impact palm oil demand and prices, says CIMB Securities](https://feedsoft.ai/events/9627-us-tariffs-to-impact-palm-oil-demand-and-prices-says-cimb-securities.md) | -0.8% | -6.8% |
| WTI | 2025-04-04 | [Tariffs, OPEC+, and Carbon Tax Removal Impact Diesel Prices \| Breakthrough](https://feedsoft.ai/events/12525-tariffs-opec-and-carbon-tax-removal-impact-diesel-prices-breakthrough.md) | -10.2% | -12.0% |
| WTI | 2025-04-03 | [Palm opens lower on weaker rival oils, crude oil prices](https://feedsoft.ai/events/9626-palm-opens-lower-on-weaker-rival-oils-crude-oil-prices.md) | -13.1% | -16.5% |
| BRENT | 2019-08-01 | [Oil slumps 7% as Trump announces additional tariffs on Chinese imports](https://feedsoft.ai/events/8492-oil-slumps-7-as-trump-announces-additional-tariffs-on-chinese-imports.md) | -13.9% | -6.4% |
| BRENT | 2025-04-03 | [OIL FUTURES: Crude prices sink after Trump unveils sweeping new tariffs](https://feedsoft.ai/events/7296-oil-futures-crude-prices-sink-after-trump-unveils-sweeping-new-tariffs.md) | -12.8% | -18.2% |
| BRENT | 2025-04-04 | [Tariffs, OPEC+, and Carbon Tax Removal Impact Diesel Prices \| Breakthrough](https://feedsoft.ai/events/12525-tariffs-opec-and-carbon-tax-removal-impact-diesel-prices-breakthrough.md) | -9.8% | -13.9% |

## Sources

- admis.com: https://www.admis.com/crude-prices-collapse-on-tariff-announcement/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.