Trump eyes Feb. 18 for oil tariffs, expects lower duty for Canada
U.S. President Donald Trump said on Friday he expects his administration to impose tariffs related to oil and gas around Feb. 18 and it could reduce the planned levy on some Canadian crude.
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.
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,
Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday and closed the week lower as investors awaited 25% tariffs by the United States on Canada and Mexico, expected on Saturday.
How oil emerged as a central sticking point in the Trump tariff talks
The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged there could be issues including the energy staple in his overall plans.
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.
Oil prices rise amid US tariff threat but still set for weekly loss
Oil prices rose on Friday as markets weighed 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.
Donald Trump says he might exclude oil from tariffs on Canada and Mexico
Donald Trump has said he is considering excluding oil imports from the 25 per cent tariffs he has threatened to impose on Mexico and Canada, in a sign the US president might offer exemptions for crucial industries.
Trump suggests oil could be exempt from Canada and Mexico tariffs
President Donald Trump intends to move forward with his plans to place separate 25% tariffs on imports from Canada and Mexico but told reporters Thursday he might include an exemption for oil. Even before entering office,
Oil dips, focus on Trump tariff threats vs Canada, Mexico
Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention remained on tariffs threatened by U.S. President Donald Trump on Mexico and Canada,
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 ...
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 ...
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.
Scottish Court Overturns North Sea Oil Approvals
A judge has ruled that private interests and climate change considerations should have been considered when the U.K.
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 ...
California legislation would allow victims to sue oil and gas companies over disasters
California lawmakers propose legislation that could allow vicims of the devastating Southern California wildfires to sue oil and gas companies.
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 ...
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 ...