In a notable shift, India's vegetable oil imports fell by 16 percent in March, largely driven by a steep decline in crude sunflower oil shipments, as revealed by the Solvent Extractors' Association of ...

The agency now expects 2025 global oil demand to grow by only 900,000 barrels per day (bpd), down from 1.2 million bpd previously forecast. For 2026, demand growth is estimated at 1 million bpd.

China raised tariffs on U.S. goods to 125% in response to U.S. tariff hikes. This move has caused oil prices to drop and reignited fears of an economic downturn. Despite a 90-day tariff pause on ...

Oil prices fell on Friday and were set to drop for a second week on concerns prolonged trade war between the United States and China, the world's largest economies, will crush crude consumption as ...

“If global GDP slips below 3%, we could see a 1% drop in oil demand,” he said. Fueling the bearish sentiment, President Trump’s latest round of tariff hikes—raising duties on Chinese ...

Oil marketers have assured Nigerians of a significant reduction ... reassured the public about the forthcoming price drop. He emphasized that the decision by the Federal Executive Council (FEC) to ...

New Mexico gas prices dropped eight cents this week, which comes with the decline of crude oil prices in the wake of economic uncertainty at the federal level. AAA New Mexico Weekend Gas Watch ...

CHICAGO (Reuters) -Oil prices surged from a four-year low on Wednesday and gold rallied in a broad-based commodities and equity market rebound after U.S. President Donald Trump said he would ...

Oil is easy to cook with and is used in a wide variety of sweet and savory recipes. But what happens when you begin to stop using oil in your food? According to experts, a few benefits include ...

Oil Prices Today: Oil prices dropped more than $1 a barrel on Tuesday, reaching their lowest level in four years. Investors are becoming more worried about the chances of a global recession as the ...

Oil prices dropped for a fifth day on Wednesday, hitting their lowest level since February 2021, after U.S. President Donald Trump's "reciprocal" tariffs took effect, including a 104% duty on Chinese ...

Amid the recent tariffs announced by US President Donald Trump and his administration, oil prices took a sharp hit, falling to a four-year low. Notably, US tariffs on China have now reached about ...