Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.
May WTI crude oil (CLK25) today is up +0.10 (+0.14%), and May RBOB gasoline (RBK25) is up +0.0148 (+0.65%). Crude oil and gasoline prices are moving higher today, with crude posting a 5-week high ...
May WTI crude oil (CLK25) Thursday closed down -4.76 (-6.64%), and May RBOB gasoline (RBK25) closed down -0.1667 (-7.15%). Crude oil and gasoline prices plunged to 3-week lows on Thursday due to ...
Earlier this week, it emerged that with the first oil now less than a year away, the government had moved to sign a deal to realize the long-held dream of setting up an oil refinery in Uganda.
Oil diplomacy could become a hallmark of Donald Trump's second term in office, if the last few weeks are any guide, but ...
Earlier this week, it emerged that with the first oil now less than a year away, the government had moved to sign a deal to realize the long-held dream of setting up an oil refinery in Uganda.
Algorithmic traders are rushing to walk back bullish positions on crude at a speed not seen since the 2023 bank failures. Commodity trading advisers, which tend to accelerate price moves ...
4 days OPEC Cuts Oil Production in March, Ahead of Ramp Up Plans 4 days OPEC+ To Increase Oil Production in May: Report Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com ...
Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil ...
The sale of crude oil was at the top of US President Donald Trump's wishlist during his meeting with Indian Prime Minister ...
Almost unnoticed in the sweeping new import tariffs announced by U.S. President Donald Trump is that energy commodities have ...