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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 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 to include oil from those countries as part of his import taxes. “We may or may not,
Donald Trump says he might exclude oil from tariffs on Canada and Mexico
Donald Trump has said he is considering excluding oil imports from the 25 per cent tariffs he has threatened to impose on Mexico and Canada, in a sign the US president might offer exemptions for crucial industries.
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.
Trump says Canada, Mexico tariffs on Saturday may not include oil
U.S. President Donald Trump on Thursday said he would soon decide whether to exclude Canadian and Mexican oil imports from the 25% tariffs that he has vowed to impose on Saturday on the countries' products.
2h
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 ...
4h
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.
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 ...
2h
Traders offer March-delivery Russian oil to India at narrower discounts, sources say
Traders have resumed offers of Russian crude cargoes to Indian refiners at narrower discounts after a delay triggered by ...
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 ...
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 ...
10h
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 ...
22h
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 ...
2h
‘Why??’: Woman shops for olive oil at Walmart. Then she realizes Great Value olive oil costs more than a tank of gas
In a 2023 post to the r/Frugal subreddit, one Redditor wondered why it’s cheaper to buy the oil from Walmart in smaller quantities. They included a picture of the same Great Value olive oil, which ...
1d
on MSN
I’ve Never Been Tied to a Chair: Oil Workers Mystified by New TV Show
Since the release of ‘Landman,’ real landmen are having to explain that they encounter more cat ladies than drug cartels ...
1h
on MSN
California legislation would allow victims to sue oil and gas companies over disasters
California lawmakers propose legislation that could allow vicims of the devastating Southern California wildfires to sue oil ...
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