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 Tariffs Could Hurt Oil Companies and Raise Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25% tariffs on products from Canada and Mexico.
Booze, oil and orange juice: How Canada could fight Trump tariffs
As Justin Trudeau warns Canadians they could face "difficult days" ahead, here are four options for retaliation.
Trump Says Canada, Mexico Tariffs on Saturday May Not Include Oil
Trump also said he was still considering new tariffs on Chinese goods, citing its part in the fentanyl trade. He has threatened a 10% duty on all Chinese goods, after imposing pun
Trump says he'll impose tariffs on oil and gas imports next month
President Trump on Friday said the U.S. will impose tariffs on oil and gas imports, likely next month, as well as tariffs on CHIP semiconductor technology and pharmaceuticals eventually. "Eventually,
Trump Says Looming Oil Tariffs Are Negotiable: ‘Depends On What Their Price Is’
This could bring an enormous hit to oil traders, and national economic health. The Bank of Canada projected that, at worst, Trump's tariffs would knock off 2.5 percentage points of GDP growth, effectively pushing Canada into recession.
Oil ticks up after hours on possibility of lower US tariff on Canadian oil
Oil prices rose in aftermarket trading on Friday as U.S. President Donald Trump said he expects his administration to ...
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 ...
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 ...
US imports of Canadian and Mexican crude oil by company
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil
President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” ...
Dem bill blames LA wildfire damage on fossil fuel emissions, holds oil and gas industry liable
California Democrats are seeking to make the oil and gas industry pay for damages from the Los Angeles wildfires, shifting ...
Big Oil bleak on refining profits going into 2025
By Sheila Dang and Shariq Khan HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in ...
Rally in Middle East Oil Has Traders Piling In at Record Level
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
Tariffs Won’t Sink Canadian Oil Companies
The U.S. has become reliant on their crude, and Canada has ways to limit any financial hit.
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump's early actions against offshore wind power, oil and gas giant Shell ...