The oil and gas market is a ‘wild west’ right now after Trump tariffs: Pickering Energy Partners
Dan Pickering, Founder and Chief Investment Officer at Pickering Energy Partners, joined CNBC Asia to discuss the impact of tariffs, OPEC+ decisions, and market volatility on the oil and gas sector. He noted that Trump’s tariffs are adding pressure to U.S. oil prices while a rising dollar could dampen global demand. With OPEC+ set to meet, Pickering hopes they maintain production discipline, adjusting only if geopolitical events or sanctions on Iran and Russia require more supply. He described the current oil market as unpredictable, driven by a mix of economic and political factors.
Watch the entire interview on CNBC.com:
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