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Oil posts weekly losses
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.
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 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” decide on Thursday night whether to include oil from those countries as part of his import taxes.
Ukraine Strikes 2nd Major Russian Oil Refinery in a Week
Ukrainian Drone Surge Highlights Russian Oil Refining Risk
Russia’s ability to keep making fuel at the normal pace is looking increasingly precarious following a surge in Ukrainian drone attacks on the nation’s oil refineries, including a fresh incident on Friday.
Ukraine launches new drone attacks on Russian oil refineries
An oil refinery in Russia's southern Volgograd region caught fire after an overnight Ukrainian drone attack, but the blaze has now been put out, the regional governor said on Friday. Andrei Bocharov,
Ukraine Strikes Second Major Russian Oil Refinery in a Week
Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue funding the war.
22h
Oil prices to see little upside as weak demand, supply glut concerns persist
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
13h
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 ...
10h
on MSN
Oil and Uranium Markets React to Trump Canada Tariffs
The White House said Friday the U.S. will impose 25% tariffs on Canada on Saturday. Oil and uranium markets were already ...
15h
on MSN
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 ...
11h
on MSN
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 ...
10h
on MSN
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 ...
16h
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.
1d
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.
10h
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 ...
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tariffs
Donald Trump
Canada
Mexico
United States
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