Oil prices drop on rising U.S. inventories and fears tariffs will dent Chinese demand
Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as investors feared a U.S. -China trade battle will dent demand.
Oil drops amid rising US crude inventories, Sino-US tariff war
Oil prices dropped over 1% on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears of weaker economic growth, offseting U.S. President Donald Trump's renewed push to eliminate Iranian crude exports.
Here’s how much gas prices could rise if Canada tariffs take effect
Consumers should expect gas prices to increase as a result of President Donald Trump’s border tariffs on Canada, but it may not be as drastic as feared. As of Monday, Trump’s 25% levy on all goods from Canada,
Oil, gasoline futures rise after Trump slaps tariffs on Canadian crude
Oil futures finished Monday with a gain after President Trump slapped tariffs on Canada, Mexico and China over the weekend, sparking worries over U.S. crude imports.
Oil slides amid rising US crude inventories, Sino-US tariff war
Oil prices declined on Wednesday as rising stockpiles in the U.S. and market worries about a new Sino-U.S. trade war offset President Donald Trump's renewed push to eliminate Iranian crude exports. Brent crude futures were down 21 cents,
What are tariffs and will prices rise?
Donald Trump has agreed to pause imposing tariffs on goods from Mexico and Canada, after threatening to bring them in from Tuesday. The US president had said tariffs were needed to "protect" Americans from the "major threat of illegal aliens and deadly drugs",
Oil mixed as Trump restores pressure on Iran, tariff drama caps prices
Oil prices diverged at settlement on Tuesday amid tariff drama between Washington and Beijing, and after U.S. President ...
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
Marketplace12h
Tariffs are looming. But a lot of things are shaping oil prices this year.
Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the ...
Crude oil drops after U.S. strikes last-minute deals with Canada, Mexico to delay tariffs
U.S. WTI crude prices fell more than 1% after-hours after President Trump agreed to pause imposing 25% tariffs on most goods ...
Oil Prices Climb After US Tariffs Spark Supply Disruption Fears
(Reuters) - Oil prices rose on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising ...
Why Trump is going to have a hard time lowering oil prices
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Crude Oil Prices5d
Oil Prices Set for Second Consecutive Weekly Decline
Crude oil prices fluctuated amid concerns over U.S. tariffs on Canadian and Mexican imports but are set to end the week lower ...
Trump oil tariffs expected to raise price at the pump
President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as ...
U.S. crude prices down nearly 2% as levies on China take effect
U.S. crude prices fell by nearly 2% on Tuesday as U.S. tariffs on China took effect, though President Donald Trump paused for ...