Oil surged as President Donald Trump placed hefty tariffs on a range of imports including crude from Canada and Mexico, ...
U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over ...
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...
Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...
U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...
A Scottish court ruled that the UK government’s approval of Equinor’s Rosebank and Shell’s Jackdaw oil and gas projects was ...
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...
The tariffs on the two biggest sources of U.S. crude imports will raise costs for the heavier crude grades U.S. refineries ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Oil prices are likely to fall in the longer run after the initial jump following Donald Trump's implementation of hefty ...