We Asked Retail About Their 2025 Outlook On Crude As The Commodity Hit 4-Year Lows: Here’s What They Said

Published : Apr 11, 2025, 12:00 PM ISTUpdated : Apr 11, 2025, 10:00 PM IST
We Asked Retail About Their 2025 Outlook On Crude As The Commodity Hit 4-Year Lows: Here’s What They Said

Synopsis

According to an ongoing poll, 43% of the nearly 2,000 respondents believe that growth fears are “overblown.”

Recessionary concerns have dragged crude oil prices to four-year lows as investors fear a slowdown in economic growth exacerbated by the Trump administration’s tariff plans. 

At the time of writing, U.S. West Texas Intermediate (WTI) futures were trading at $59.3 a barrel, down nearly 4.9%, after settling at $62.95 on Wednesday – the lowest level since January 2021.

Currently, WTI crude is down more than 16% since Trump’s ‘Liberation Day’ tariffs took effect on April 2.

However, with the administration announcing a temporary pause of 90 days on reciprocal tariffs, WTI crude futures settled 5.7% higher on Wednesday.

According to Goldman Sachs analysts, WTI crude’s current price is slightly higher than the projected $58 barrel price.

Meanwhile, retail investors on Stocktwits are not as worried about growth prospects. According to an ongoing poll, 43% of the nearly 2,000 respondents believe that growth fears are “overblown.”

A third of the respondents are bearish as they anticipate a global recession ahead.

Sixteen percent of the respondents admitted they have “no clue” and are just trading the volatility, while 8% are avoiding the energy sector altogether.

Amid recession concerns and escalating tariff wars, the SPDR S&P 500 ETF Trust (SPY), which tracks the S&P 500 index, edged lower by over 4% on Thursday.

For updates and corrections, email newsroom[at]stocktwits[dot]com.<

PREV

Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.

Recommended Stories

What’s Behind Mizuho’s Slew Of Price Target Cuts On Fintech Stocks?
Trump Administration Pauses Offshore Wind Projects Citing National Security Concerns – Dominion Energy Stock Takes A Hit