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.
Oil prices post weekly drop as outline of Trump’s tariff plans emerges
Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders awaited a tariff decision by President Donald Trump on crude imports from Canada and Mexico.
Pump prices set to rise as Trump tariffs hit Canadian, Mexican oil
SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
Oil Prices Set for Second Consecutive Weekly Decline
Crude oil prices fluctuated amid concerns over U.S. tariffs on Canadian and Mexican imports but are set to end the week lower.
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 prices rise amid US tariff threat but still set for weekly loss
Oil prices rose on Friday as markets weigh the threat of tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest crude exporters to the U.S., that could take effect this weekend.
Why Oil Prices Could Spike in February
Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking next week.
Trump says he'll hit Canada with 25% tariff, 'probably' 10% on oil
U.S. President Donald Trump says he is 'not looking for concessions' from Canada as the White House confirmed he's going forward with 25 per cent levies on imports from Canada on Saturday. Trump added he will 'probably' set tariffs on Canadian oil at 10 per cent.
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 ...
Oil Futures Edge Higher; Prices Consolidating Amid Uncertainty
Oil futures edged higher in early Asian trade. Brent crude oil was consolidating around the $77/bbl level amid continued uncertainty over whether OPEC will align its policies with Trump’s desire for ...
Trump urges Opec countries to slash oil prices
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine ...
Gas prices climb due to increased oil prices, cold weather
"With oil prices reaching their highest point since July last week, it was inevitable that gasoline prices would start to ...
7 Oil Stocks to Buy Closely Tied to Crude Prices
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...
Wall Street Banks Raise Oil-Price Forecast Amid U.S. Policy Uncertainty
Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...
These prices could climb within days if Trump slaps tariffs on Canada and Mexico
The Trump administrations says the tariffs will take effect on Feb. 1. Tariffs on goods from Mexico and Canada that are set ...
bdnews2417h
Soybean oil supply slips as traders target price-gouging keeping Ramadan in sight
Rumours are circulating among retailers that traders aim to raise prices before Ramadan, which is why dealers have stopped ...