U.S. tariff threat limits oil prices
Oil prices were held in check on Thursday by threatened U.S. tariffs on Canadian and Mexican crude that could take effect this weekeend. Brent crude futures were up 27 cents at $76.85 a barrel at 11:05 a.
US tariffs on Canada and Mexico begin Saturday—what it means for gas prices
President Donald Trump’s 25% tariffs on Canada and Mexico begin Saturday, but he hasn’t decided whether to include oil imports— a move that could affect gas prices despite his pledge to cut energy costs.
Lower Global Oil Prices are Expected Under the Trump Administration
The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices (Brent crude oil)
Oil prices settle down as US stockpile grows, tariffs still in focus
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week.
Tariffs Won’t Sink Canadian Oil Companies
President Trump has said he could slap 25% tariffs on Canadian imports as soon as Saturday. While that is bad news for Canadian oil producers, it isn’t nearly as bad as it looks. Canada depends heavily on the U.
Here’s how much gas could cost you if Trump’s threatened tariffs go through
President Trump has threatened to place 25% tariffs on Canada and Mexico as soon as this Saturday, potentially disrupting the relatively stable prices drivers have been paying for gasoline during a seasonally slow period for fuel demand.
Oil Futures Edge Higher; Prices Consolidating Amid Uncertainty
Oil futures edged higher in early Asian trade. Brent crude oil was consolidating around the $77/bbl level amid continued uncertainty over whether OPEC will align its policies with Trump’s desire for ...
Oil prices settle higher a day after sliding in DeepSeek-inspired tech rout
Oil futures finished higher on Tuesday, recouping a portion of the selloff from a day earlier tied to the emergence of ...
Oil Price Update - Brent Continues To Struggle As Technicals Offer Bulls Hope
By Zain VawdaOil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the ...
Oil prices rebound from multi-week lows as investors brace for Trump tariffs
Oil prices settled up on Tuesday, bouncing back from multi-week lows, after the White House reaffirmed U.S. President Donald ...
Oil prices end lower as U.S. crude supplies post first weekly rise in 10 weeks
U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...
Rally in Middle East Oil Has Traders Piling In at Record Level
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
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Kazakh Oil Price Stands at $79.87 per Barrel
ASTANA – The price of Kazakh oil has reached $79.87 per barrel, Kazinform reported on Jan. 30. Meanwhile, Brent crude oil has ...