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Oil set for weekly decline
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
Oil set for weekly decline as Trump tariff threat looms large
Oil prices edged down on Friday and were on course for a weekly decline as markets wait to see if U.S. President Donald Trump follows through on his threat to impose tariffs on Mexico and Canada this weekend.
Trump tariff threats on Canadian oil could impact three US regions, gas analyst says
Patrick De Haan, head of petroleum analysis at GasBuddy, warned Americans in the Midwest, the Rockies and the Great Lakes regions may be most affected by tariffs on Canada.
Oil dips
OPEC+ to take joint stance on Trump oil policy, Kazakhstan says
The OPEC+ group of leading oil producers is set to discuss President Donald Trump's efforts to raise U.S. oil production and take a joint stance on the matter, Kazakhstan said on Wednesday.
Oil inches higher as Trump repeats tariff plans, market awaits next OPEC move
Crude oil futures scored modest gains Thursday, then added to gains after-hours as President Trump reiterated his threat to impose 25% tariffs on imports from Canada and Mexico starting February 1, although the move may affect only certain industries such as steel and aluminum,
Oil dips as traders look to Trump tariff fallout, OPEC plans
Oil edged lower as traders weighed the possible fallout from President Donald Trump’s planned tariffs on major US crude supplier Canada and other countries and reports OPEC will evaluate potential changes to America’s energy policy.
Oil shipments on pause at Russia's Ust-Luga port
Oil Flow Through Russia’s Ust-Luga Appears to Pause After Attack
Oil flows through Russia’s Baltic Sea port of Ust-Luga appeared to pause, backing up Kyiv’s claims of a successful drone strike on a pumping station.
Oil shipments on pause at Russia's Ust-Luga port after drone strike, Bloomberg reports
Oil flows via Russia's Ust-Luga port in the Baltic Sea appear to have paused in the aftermath of an alleged Ukrainian drone attack, Bloomberg reported on Jan. 30, citing shipping data and a source with knowledge of the oil deliveries.
Bloomberg assesses consequences of drone attack on oil pumping station in Ust-Luga
Oil pumping through the Russian Baltic port of Ust-Luga has been suspended. This happened after an attack on the Andreapol oil pumping station, Bloomberg informs. "It would present a significant new supply threat for the global oil market if it were to be confirmed that Ukrainian drone strikes have damaged the pipeline system feeding Ust-Luga,
1h
Canada's Imperial Oil posts fall in fourth-quarter profit
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, hurt by lower commodity prices.
5h
Scottish Court Overturns North Sea Oil Approvals
A judge has ruled that private interests and climate change considerations should have been considered when the U.K.
16h
on MSN
Trump says tariffs on Canada and Mexico coming Saturday, and he's deciding whether to tax their oil
President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether ...
2d
Oil’s Earnings Slump Puts Pressure on Investor Payouts
The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with fourth-quarter profits ...
1d
on MSN
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 ...
11h
on MSN
Big Oil has an ally in Doug Burgum, President Trump’s Interior pick
Emails obtained by the Associated Press reveal Doug Burgum as North Dakota governor aided oil and gas executives and ...
1d
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 ...
1h
Syria turns to intermediaries for oil imports after low interest in tenders, sources say
Syria is seeking to import oil via local intermediaries after its first post-Assad import tenders garnered little interest ...
23h
on MSN
New oil and gas field consent was unlawful - judge
A court has ruled that consent for two new Scottish oil and gas fields was granted unlawfully and their owners must seek ...
3h
Oil prices to see little upside as weak demand, supply glut concerns persist
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
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