Oil prices fall into negative territory as Trump announces new tariffs
Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.
(Reuters) - Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and ...
Oil edged higher as signs of tighter near-term supply-and-demand balances overshadowed an intensifying global trade war that threatens to crimp global energy consumption. West Texas Intermediate ...
Environmental groups criticised the move, saying it will put caribou, polar bears and migratory birds at risk. Read more at straitstimes.com.
Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East that raise the risk of supply disruptions in the oil-rich region.
The lifting of Western sanctions on Russian energy carriers may be quite slow. At the same time, Russia may not want to ...
WTI crude oil rises near key resistance as Iran sanctions and OPEC+ cuts tighten supply, boosting the short-term oil outlook.
Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others scaled back volumes as they assess compliance following recent U.S.
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