WTI oil prices down as Trump agrees to pause tariffs on Mexico, Canada
U.S. West Texas Intermediate (WTI) crude prices were down by 1.1%, or 0.80 cents, to $72.36 at 2323 GMT after U.S. President Donald Trump agreed to pause imposing steep tariffs on Mexico and Canada for one month.
Oil, gasoline futures rise after Trump slaps tariffs on Canadian crude
Oil futures climbed Monday after President Trump slapped tariffs on Canada, Mexico and China over the weekend, sparking worries over U.S. crude imports.
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.
Oil Prices Start the Week Higher Following Trump’s Tariffs
Oil prices rise on the first day of trade after the US imposed tariffs on Canada and Mexico, with analysts divided on the long-term impact.
Oil prices close at 1-month low as US pauses tariffs on Mexico
Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, as the market digested U.S. President Donald Trump's planned imposition of tariffs on Canada,
Trump’s Tariffs to Have Limited Impact on Oil and Gas Prices, Goldman Says
The U.S. tariffs are expected to have a limited impact on oil and gas prices in the near term as global oil demand and production will largely remain unaffected as the levies are likely to be temporary,
US Oil Refiners Look to Latin America, Iraq After Trump Tariffs
US oil refiners will look to Latin America and the Middle East to replace suddenly more expensive Canadian and Mexican crudes following President Donald Trump’s tariff salvo, according to traders.
Oil prices climb after US tariffs spark supply disruption fears
Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption from the two biggest suppliers to the U.S., but the prospect of lower fuel demand capped gains.
Oil tanker attacked last year crosses Red Sea as Houthi ceasefire holds
Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen's Houthis last year, sailed through the Red Sea this ...
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...
Canada Oil Tariffs Seen Adding 8% to US Northeast Heating Bills
The cost to heat a home with oil this winter in the US Northeast would rise 8% if tariffs on Canadian energy products are ...
OPEC+ sticks to oil policy, ditches US government data
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...
Crude Oil Prices10h
OPEC+ Won't Change Oil Production Plans
OPEC+ has decided to stick to its scheduled production plan despite rising oil prices and pressure from President Trump to ...
Ship New to Russia Oil Trade Docks at Port Shaken by Sanctions
A tanker new to the Russian oil trade docked at the Pacific port of Kozmino over the weekend, as merchants seek to rebuild ...
Trump eyes Feb. 18 for oil tariffs, expects lower duty for Canada
U.S. President Donald Trump said on Friday he expects his administration to impose tariffs related to oil and gas around Feb.
Oil spill reported at plant in Lower Burrell, Westmoreland County
Water rescue crews and first responders were on the scene Monday afternoon following an oil spill at a plant in Lower Burrel, ...
Ukrainian drone strikes hit Russian oil and gas facilities during overnight attacks
Astrakhan power plant hit by Ukrainian drone, Astrakhan, Russia, 03.02.2025. I Tried The World’s Fastest Vehicles The Best ...