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 Rises as Trump Slaps Tariffs on Biggest Crude Supplier to US
Oil surged as President Donald Trump placed hefty tariffs on a range of imports including crude from Canada and Mexico, threatening higher costs for consumers. Most Read from BloombergWhen French Comm
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.
US Oil Gains Outpace Global Benchmark on Trump Tariff Threats
The American oil benchmark outpaced gains in the global marker after President Donald Trump announced tariffs that will limit supplies from the US’s two biggest foreign suppliers of crude.
Oil Advances After Trump Confirms Tariffs Will Apply to Crude
Oil rose in late trading after US President Donald Trump said the US would impose tariffs on imports of crude, a move that threatens to disrupt flows across North America’s tightly integrated energy market.
Trump tariffs-led spike in energy prices is temporary, oil prices could ‘plummet’ as global growth slows
Oil prices are likely to fall in the longer run after the initial jump following Donald Trump's implementation of hefty tariffs, said industry watchers.
Trump's tariffs to have limited impact on oil, gas prices, Goldman Sachs says
The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have a limited near-term impact on global oil and gas prices, Goldman Sachs said in a note on Sunday.
Dow futures tumble, oil surges after Trump tariffs end ‘self-delusion in markets’
U.S. stock-index futures opened sharply lower and oil prices jumped Sunday night and investors braced for volatility across financial markets after President Donald Trump over the weekend announced heavy tariffs on imports from Canada,
How much crude oil does the US import by country?
U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over ...
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Vitol Expects Oil Demand to Remain Robust Until 2040
Vitol, a major oil trader, forecasts that global oil demand will remain steady for the next 15 years, defying predictions of ...
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Oil rises as Trump pushes ahead with protectionist trade agenda
Oil prices rose today, Feb. 3, as the Trump administration targeted Canada, Mexico and China with additional tariffs as part ...
US imports of Canadian and Mexican crude oil by company
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
Canadian Oil Dodges ‘Cataclysm’ With Lower Tariffs, Gulf Outlet
Canada’s energy patch may have temporarily dodged disaster in the trade war with the US, with President Donald Trump’s orders ...
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Govt wants exported crude oil to go to domestic refineries instead
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
Vanguard2d
Low crude oil supply hinders Naira-for-Crude Scheme
There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and ...
Nigeria Seeks to Boost Daily Oil Output to 2.7 Million Barrels by 2027
Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...
Canadian Oil Producers to Bear Brunt of U.S. Energy Imports Tariff
Canadian oil producers are expected to face the largest hit from Trump’s 10% tariff on energy products, according to Goldman Sachs.