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 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,
U.S. benchmark oil prices end lower as China trade dispute fuels demand concerns
Oil futures fell Tuesday morning, losing ground as the U.S. implemented an additional 10% tariff on China imports and Beijing retaliated with measures of its own.
China’s Energy Tariffs Shake Up Global Oil and LNG
The impact on China is likely to be limited, as U.S. crude has most recently accounted for less than 2% of Chinese imports, while U.S. LNG has represented no more than 12% of all LNG imports into China in recent months, according to Kpler data quoted by Russell.
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 planned after a 30-day delay. Analysts told The Hill that the 10 percent
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.
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 imposes tariffs on US energy, autos in trade war retaliation
China said Tuesday it would impose tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world's two biggest economies.
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 pares losses after Saudi price increase
Oil prices ticked up in early Asian trading on Thursday, steadying from a sell-off the previous day after Saudi Arabia's ...
Oil prices drop on rise in U.S. supplies as tariffs threaten to dent Chinese demand
Oil futures on Wednesday marked their lowest settlement prices of the year, after official U.S. data showed a weekly climb of ...
Crude Oil Prices19h
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 ...
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 ...
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Oil (WTI) Price
1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.46 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 532.65 USD 1 Barrel = 336 Pint Oil (WTI) Price Per 1 Pint ...
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.
Here's how long it may take for oil's gains to show up in gas prices at the pump
President Donald Trump's decision to implement a 10% tariff on Canadian energy starting Tuesday, in contrast to the announced ...
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 ...