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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 way.
Oil prices drop on rise in U.S. supplies as tariffs threaten to 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.
China Tariffs on US Oil Come as Exports Have Sunk From Peak
The first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is unlikely to rattle American exports of crude.
China's tariffs hit US oil as trade tensions rise
Oil prices on the New York commodity exchange are dropping after China imposed tariffs on American goods, including oil and liquefied natural gas. Brokers report that investors are also worried about US sanctions on Iran.
China's tariffs on U.S. oil come after exports fell sharply from 2020 peak
Crude oil futures finished mixed Tuesday, rebounding from sharp early losses after President Trump signed a memorandum restoring his "maximum pressure" policy against Iran that he practiced in his first term,
15h
Iran says US sanctions will destabilise oil and energy markets
Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...
14h
Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...
Crude Oil Prices
12h
Large Unexpected Crude Build Sinks Oil Prices
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...
7h
on MSN
Oil down as US crude inventories swell, traders worry about China-US trade
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, ...
1d
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 ...
1h
on MSN
Oil Edges Higher; Rising Stockpiles, Trade Uncertainty to Weigh
Oil edged higher in early Asian trade after falling overnight, but may continue to be weighed by rising U.S. stockpiles and trade uncertainty.
23h
Fuel oil rally expected to stall as market shakes off US-Iran policy
Fuel oil margins climbed after U.S. President Donald Trump reimposed a tougher policy on Iran, though trade sources expect a ...
2d
on MSN
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 ...
Crude Oil Prices
7h
Beyond Oil: How Southeast Asia's Energy Consumption is Shifting
Southeast Asia's unique cultural, climatic, and energy resource advantages may offer unexpected resilience in the face of ...
4h
on MSN
Suncor's fourth-quarter profit beats on higher oil output
Canada's Suncor Energy beat analysts' estimates for fourth-quarter profit on Wednesday as the integrated oil and gas firm ...
9h
Ukraine hits Russian oil depot in drone strike as 300 prisoners of war exchanged
It came as Russia and Ukraine swapped 150 prisoners of war each and UK foreign secretary David Lammy met with Ukrainian ...
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