Oil on track for first monthly drop since November on Trump tariff concerns
Oil prices are down 1% on Friday and were headed for their first monthly drop since November, as markets braced for Washington's tariff threats and Iraq's decision to resume oil exports from the Kurdistan region.
Oil prices on track for February losses on worries over tariffs, economic outlook
Oil futures declined on Friday, with worries about the global economic outlook and rising trade tensions from the Trump administration’s tariff plans putting U.S. and global benchmark prices on track for their biggest monthly losses since September.
Oil Under Pressure Amid U.S. Tariff Concerns, Peace Deal Prospects
Oil was mixed but still under considerable pressure amid concerns over the tariffs outlook and prospects that the war in Ukraine could soon end.
Oil set for first monthly drop since November on economic doubts
Oil prices eased on Friday as they headed for their first monthly drop since November, dragged lower by uncertainty over global economic growth and fuel demand given Washington's tariff threats and signs of a U.
Oil Prices Decline Amid Tariff Concerns and Economic Uncertainty
Oil prices fell on Friday, heading for their first monthly decline since November, as global economic growth uncertainties and potential fuel demand reductions weighed on the market. The more active May Brent crude futures slipped 31 cents,
US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, ...
Trump’s Tariffs Are Raising Costs for One of His Favorite Industries: Oil
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and ...
Oil Update - February 2025
Once again, my expectation for March West Texas Intermediate oil prices are the same as they were for January and February.
Trump cuts financial lifeline for Venezuela’s government by ending permit to export oil to US
A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be ...
Shell Scenarios Outlook Sees Bright Future For Oil, Gas, And LNG
Shell's global energy forecast for 2025 shows robust global demand for oil, natural gas, and LNG for decades to come.
BP to Focus More on Oil and Gas in Strategy ‘Reset’
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
Oil prices settle higher after Trump moves to end Venezuela crude deal
Oil futures headed higher Thursday, finding support a day after President Trump said he was revoking a license issued by the ...
Oil And Gas Stock Flashes ‘Buy’ Signal Right Now
AR has charged 47% higher. What’s more, today’s attempt to push higher may have additional support, if past is any precedent.
Canada’s Oil Heartland Sees Trade War Sparking Budget Shortfall
Alberta, Canada’s top oil-producing province, is projecting its first budget deficit after four years of surpluses as the ...
'Significant amount' of palm oil found on beach
A "significant" amount of palm oil has been found washed up on a Newquay beach, the coastguard has said. Newquay Coastguard ...