Oil prices slide on concerns over AI-related power demand, Trump's latest tariff threats

Published 1 month ago• 1 minute read

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years. — SlavkoSereda/iStock via Getty Images

Crude oil futures fell alongside equities Monday on fears that a U.S. electricity boom could be stymied by an apparent breakthrough by Chinese startup DeepSeek in producing artificial intelligence technology at a lower cost.

Before DeepSeek rocked tech stocks and companies

Origin:

Seeking Alpha

Oil prices slide on concerns over AI-related power demand, Trump's latest tariff threats

Recommended Articles

Consumer staples stocks catch a bid as AI anxiety leads to risk-off trading

Alibaba Looks Promising Despite China's Overhanging Macro Issues

Spectrum Brands targets mid to high-single digit adjusted EBITDA growth in fiscal 2025 amid...

US close: Markets stage partial rebound after tech sell-off | share and stock market news f...

Polestar: It Keeps Getting Worse

You may also like...

Government Action on Illegal Mining Operations

Protests Erupt in Ondo Following Killing of Farmers by Bandits

NASA Astronauts Return To Earth After Space Missions

Developments in the Ahmed Suale Murder Case

Tinubu Declares State of Emergency in Rivers State: Reactions and Implications

Youth Unemployment as a Tool of Oppression

Discussion on Economic Growth Potential in Nairobi

Navigating Trade Hurdles Under 'America First' Policy