Oil prices climb to two-week high on supply worries, US tariffs check gains
OIL prices climbed about 2 per cent 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.
U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...
Crude Oil WTI Futures, the U.S. benchmark, recently traded at $73.17 a barrel following the report after settling up 1% at $73.32 a barrel.
The Indian government is considering extra energy imports from the United States, days before Prime Minister Narendra Modi's ...
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, ...
Days before he ordered, and then paused, new tariffs on U.S. imports from Canada and Mexico, President Donald Trump argued that the U.S. does not need imported products such as crude oil and lumber ...
Trump has announced new tariffs on steel and aluminum, sending oil prices higher despite the potential drop in oil demand the ...
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...
Oil prices dropped over 1% on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears ...
Crude oil and gasoline prices Friday posted moderate gains on signs of US economic strength after the Jan unemployment rate unexpectedly fell to an 8-month low of 4.0%. Also, concerns that ...
Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase ...
U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...
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