Opinion Oil & Gas US Fed cuts will not prevent an oil-price crash in 2025 A range of factors are conspiring to cause a crude catastrophe By Matein Khalid September 16, 2024, 9:01 AM Reuters/Jason Lee A driver fuels his truck with liquefied natural gas in China's Hebei province. Approximately 30% of trucks sold in China run on natural gas A 13 percent plunge in oil prices in only 10 trading sessions ahead of September's Federal Open Market Committee (FOMC) reinforces my conviction that the world has entered a global economic slump, led by China, the US and Germany. Brent and ... Register now: It’s easy and free This content is available for registered members only. Register for your free account today for exclusive emails, special reports and event invitations. Why sign up Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in