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
Stuck Crude Oil Prices And Other Energy Matters
President Trump seeks American energy independence, focusing on fossil fuels and reducing government interference. Read more to see my thoughts.
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.
Trump promised to lower gas prices. His tariffs could have the opposite effect.
One chart shows why US gas prices could spike under Trump's tariff plans.
WTI Oil Prices Down as Trump Agrees to Pause Tariffs on Mexico, Canada
TOKYO (Reuters) -U.S. West Texas Intermediate (WTI) crude prices were down by 1.1%, or 0.80 cents, to $72.36 at 2323 GMT after U.S. President Donald Trump agreed to pause imposing steep tariffs on Mexico and Canada for one month.
Oil ends at lowest price of the year on rising U.S. supplies, tariff disputes
U.S. and global oil futures declined on Thursday as a hefty rise in last week’s U.S. supplies and uncertainty surrounding tariff disputes helped to weaken the outlook for crude demand, prompting prices to settle at their lowest levels of the year.
Oil firms as Trump policies continue to drag on prices
Oil prices edged up on Thursday after Saudi Arabia's state oil company raised its March crude prices sharply, but the gains barely dented the previous day's slide in benchmark Brent crude. Brent crude futures rose 44 cents,
Oil edges lower as Trump renews pledge to drive down crude price
Crude oil futures gave up early gains to settle lower in a volatile session Thursday after President Trump repeated his promise to raise U.S. oil production, saying that if oil prices decline, "everything will follow.
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 nearly 9 million barrels in U.S. crude inventories and as the U.S.-China trade battle threatened to dent demand.
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.
Crude Prices Slip on Dollar Strength and Trump's Pledge to Boost US Oil Output
Thursday closed down -0.42 (-0.59%), and March RBOB gasoline (RBH25) closed up +0.0240 (+1.17%). Crude oil and gasoline prices settled mixed on Thursday, with crude falling to a 5-week low. Crude gave up an early advance Thursday and turned lower as the dollar rallied and President Trump pledged to boost US oil
TSX futures rise as crude prices advance; earnings in focus
Futures tied to Canada's main stock index rose on Thursday as oil prices edged higher, while investors also focused on ...
Oil major TotalEnergies posts 21% drop in full-year profit amid lower crude prices
French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude ...
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
Oil down as US crude inventories swell, traders worry about China-US trade
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, ...
Nasdaq6d
Crude Prices Higher on Tariff Concerns
Crude and gasoline prices today recovered from early losses and are moderately higher. Today's weaker dollar is supportive of energy prices. Crude also has support on concern that a possible ...
Business Times1d
Saudi Aramco boosts prices to Asia as Middle Eastern crude soars
SAUDI Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to ...
Oil prices look to bounce off 2025 lows after Saudi price hike for Asian buyers
Oil found some support Thursday from an increase in Saudi Arabia’s crude prices for Asian buyers, which implied strength in crude demand. But a hefty rise in last week’s U.S. supplies and uncertainty ...
Nasdaq6d
Crude Prices Supported by Dollar Weakness and Tariff Concerns
Crude and gasoline prices recovered from early losses on Thursday and posted modest gains. Thursday's weaker dollar was supportive of energy prices. Crude also has support on concern that a ...