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.
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,
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.
U.S. benchmark oil prices end lower as China trade dispute fuels demand concerns
U.S. oil prices on Tuesday gave back most of their gains from a day earlier after the U.S. implemented an additional 10% tariff on Chinese imports and Beijing retaliated with measures of its own, raising concerns over the prospects for demand.
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 Donald Trump restored his "maximum pressure" campaign on Iran, in a bid to drive Iranian oil exports to zero,
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,
Oil Prices Drop as China Retaliates Against US Tariffs
Oil prices fell intraday Tuesday after China announced various retaliatory measures against the US, including 10% higher duties on American crude oil. Beijing will also impose an additional 10% tariffs on agricultural machinery and certain vehicles imported from the US,
Oil down amid rising US crude inventories, China-US tariff war
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signalled demand weakness while concern about a new China-U.S. trade war fuelled fears of softer economic growth.
Crude Oil Prices1d
Here's Why Oil Prices Could Go Higher in the Short Term
If the U.S. enforces strict sanctions on Iran and Russia, and tariffs disrupt North American supply chains, oil prices could ...
FENY: Energy Stocks Sputtering To Start 2025, Weak Oil Prices Amid Trade Wars
FENY's portfolio is heavily weighted towards Exxon Mobil and Chevron, with a low long-term EPS growth rate and neutral ...
Business Insider1d
Oil (WTI) Price
1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 534.12 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.73 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter ...
Crude Oil Prices17h
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 ...
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.
Sasol sees up to 36% drop in half-yearly profit on lower oil prices
South African petrochemical firm Sasol forecast a fall of up to 36% in half-yearly earnings on Wednesday, mainly due to a ...
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 ...
businesstech.co.za1d
Here is the official petrol price for February
The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will take effect on ...