# Oil in Freefall Reorders Energy Landscape From US to Middle East - Bloomberg

> Crude oil, the global benchmark, tumbled 13% over Thursday and Friday to just over $66 a barrel. The selloff is reshaping energy outlooks and raising doubts about Trump's push to boost U.S. fossil fuel output.

- Date: 2025-04-04 · published 2025-04-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6321-oil-in-freefall-reorders-energy-landscape-from-us-to-middle-east-bloomberg
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A sharp crude decline lowers energy costs but signals weaker demand expectations, which tends to weigh on biofuel-linked vegetable oil prices and feed-related energy inputs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2025-04-07 | 5 | -15.6% | -5.6 | Crude fell 13% over two days, the bulk of the 5-day decline, as tariffs and supply additions reshaped the outlook. |
| BRENT | 2025-04-08 | 5 | -16.6% | -5.2 | Documents the 13% two-day Brent plunge on Apr 3-4, which accounts for most of the 5-day decline. |
| WTI | 2025-04-07 | 5 | -15.5% | -4.6 | Crude tumbled 13% over two days, capturing the bulk of the 5-day decline driven by tariffs and supply. |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-04-04/oil-in-freefall-reorders-energy-landscape-from-us-to-middle-east

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