Oil prices settle down as US stockpile grows, tariffs still in focus
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week.
US tariffs on Canada and Mexico begin Saturday—what it means for gas prices
President Donald Trump’s 25% tariffs on Canada and Mexico begin Saturday, but he hasn’t decided whether to include oil imports— a move that could affect gas prices despite his pledge to cut energy costs.
Lower Global Oil Prices are Expected Under the Trump Administration
The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices (Brent crude oil)
U.S. tariff threat limits oil prices
Oil prices were held in check on Thursday by threatened U.S. tariffs on Canadian and Mexican crude that could take effect this weekeend. Brent crude futures were up 27 cents at $76.85 a barrel at 11:05 a.
Oil Pressured by Uncertainty Around U.S. Tariffs
Oil prices edged lower as U.S. tariff threats continued to dominate market sentiment after the White House confirmed plans to impose tariffs on Canada and Mexico on Feb. 1. However, commerce secretary pick,
Here’s how much gas could cost you if Trump’s threatened tariffs go through
President Trump has threatened to place 25% tariffs on Canada and Mexico as soon as this Saturday, potentially disrupting the relatively stable prices drivers have been paying for gasoline during a seasonally slow period for fuel demand.
Oil prices steady ahead of Trump's threatened tariffs on Canada, Mexico
Oil prices were little changed on Thursday as investors focused on tariffs threatened by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude to the United States. Brent crude futures were down 10 cents at $76.
Oil prices rebound from multi-week lows as investors brace for Trump tariffs
Oil prices settled up on Tuesday, bouncing back from multi-week lows, after the White House reaffirmed U.S. President Donald ...
Oil prices end lower as U.S. crude supplies post first weekly rise in 10 weeks
U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...
Oil Price Update - Brent Continues To Struggle As Technicals Offer Bulls Hope
By Zain VawdaOil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the ...
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China’s Boldest Oil Hunt Yet
China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
Oil prices settle higher a day after sliding in DeepSeek-inspired tech rout
Oil futures finished higher on Tuesday, recouping a portion of the selloff from a day earlier tied to the emergence of ...
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
Rally in Middle East Oil Has Traders Piling In at Record Level
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
The Smartest Oil Stocks to Buy With $200 Right Now
For example, when oil prices are low and the upstream business is suffering, the downstream businesses will be benefiting ...
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Angola’s Oil Sector Making A Comeback After OPEC Exit
Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...