Why Trump’s promised ‘Liberation Day’ tariffs may cause ‘correction day’ for oil
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 31 2025
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Source: MarketWatch
Oil Market Outlook: Oil markets are expected to face a decline in prices due to anticipated energy demand impacts from President Trump's upcoming tariffs, as indicated by asset manager Stephen Innes.
Market Sentiment: Innes suggests that if negative sentiment surveys materialize alongside poor U.S. economic data, crude oil prices could drop significantly, leading to what he terms "demand destruction."
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
