Oil prices climb to 2-week high on supply worries, US tariffs check gains
Oil prices climbed about 2% on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries escalating trade tariffs would boost inflation and dampen global economic growth.
Tariffs are looming. But a lot of things are shaping oil prices this year.
Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the way.
Oil Prices Defy Trump’s Trade Tariffs
Oil prices climbed on Monday despite the real threat of a global trade war erupting after U.S. President Donald Trump announced wide-ranging tariffs on U.S. imports
Oil prices advance despite concern over more US tariffs
Oil prices rebounded on Monday despite lingering fears over a potential global trade war after U.S. President Donald Trump's latest tariff plans, this time targeting steel and aluminium.
Oil Extends Gains Despite U.S. Tariff Concerns
Oil prices extended gains from the previous trading session despite fears that Trump’s trade tariffs might hurt global growth.
Oil gains nearly 2% despite trade war concerns
Oil prices rose nearly 2% on Monday after posting their third straight week of losses, even though investors remained worried that U.S. President Donald Trump might start a trade war. Brent crude futures settled at $1.
Oil prices retreat after report of U.S. crude stockpile rise
Oil prices fell on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on ...
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Oil (WTI) Price
1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.69 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 523.01 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter ...
Crude oil price forecast: weekly chart points to big moves ahead
Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it ...
How Trump’s Canadian Oil Tariff Would Hit America’s Heartland
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...
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Trump's New Tariffs Boost Oil Prices Despite Potential Demand Consequences
Trump has announced new tariffs on steel and aluminum, sending oil prices higher despite the potential drop in oil demand the ...
Why U.S. gasoline prices could rise if Trump slaps tariffs on Canadian crude oil next month
U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.
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News from the Oil Patch: Spiking prices bring another winter nightmare in Europe
Cold weather in Europe turns the natural gas market on its ear, raising prices to the point that crude oil is becoming more ...
Oil is up for a third straight session as traders weigh impact of tariffs and sanctions
Oil futures finished higher for a third straight session on Tuesday as traders weighed the supply and demand impacts of ...