Oil Prices at Four-Year Low on Trade War, Surprise OPEC+ Move

Oil Prices at Four-Year Low on Trade War, Surprise OPEC+ Move Oil sank to a four-year low as an intensifying global trade war threatens to batter energy demand, with a fresh wave of US levies going into effect in a move that will deal a heavy blow to the global economy. The losses have been compounded by a decision by OPEC+ to loosen output curbs at a faster clip than previously expected. Ziad Daoud of Bloomberg Economics has the latest. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg