Oil prices climbed on Wednesday in early Asia trade on concerns of tighter supplies after U.S. President Donald Trump threatened tariffs against countries importing oil and gas from Venezuela and ...
My take is that in the next few years, the Permian will remain a wildcard when it comes to U.S. and global oil & gas output growth ... That will be a wide supply gap to plug for the rest of ...
NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy.
U.S. tariffs on Canada and Mexico, as well as signals about comfortable supply levels have combined to pressure oil into ending the week with a substantial loss, which, according to Reuters ...
Worries of a full-blown trade war and more supply entering the market sent oil futures tumbling, briefly nearing multi-year levels on Wednesday, dragging energy stocks with it. On Wednesday ...
Through an executive order, Trump is seeking "maximum pressure on Iran," which includes reducing the country's oil exports to zero. This could create a supply gap for OPEC+ members to fill.
Crude oil (CL=F, BZ=F) prices lag on Tuesday as OPEC+ is opting to hike its supply following pressures from the Trump administration, aiming to increase production from 138,000 barrels per day to ...
Mr Trump has vowed to ramp up the US’s oil and gas production to make the US a “manufacturing nation once again”. He has promised to exploit America’s oil reserves, boasting that the US ...
Trump's threat of tariffs against countries importing oil and gas from Venezuela has raised supply concerns, and both benchmarks rose more than 1% on Monday following the announcement.
The world’s supply lines for cargoes of oil and fuel, which typically criss-cross the globe, are about to get redrawn thanks to US President Donald Trump’s sweeping tariffs. Crude from Mexico ...
Egypt plans to build a $7 billion petrochemical complex and launch new oil and gas auctions to boost domestic production. The country aims to enhance energy security and attract foreign investment ...
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