President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.

Countries buying oil and gas from Venezuela would have to pay a 25% tariff to the US if they also trade with America.

the current developments in supply and demand could push oil prices consistently lower, to between $60 and $80 per barrel. Despite the bearish outlook, demand has repeatedly surprised on the ...

How wrong the market was. Instead, the group announced it would increase the oil supply by 411k b/d in May. The group attributed the increase to healthy market fundamentals and a “positive ...

in Sunnyvale, Calif, has made a committed entry into the U.S. Navy's Strategic Sealift propulsion market by positioning itself to supply propulsion ... and low fuel oil consumption, which ...

Enrique Cornejo of Offshore Energies UK (OEUK), highlights the important role of the Bacton Energy Hub in a combined approach ...

HOUSTON, March 10 (Reuters) - Global oil supply growth is outstripping demand, the CEO of one of the world's largest oil traders,Gunvor, said on Monday. Oil prices hit a three-year low last week ...

Oil prices extended losses on Friday over concerns about the impact of US tariffs on economic growth and fuel demand.

HOUSTON, April 3 (Reuters) - Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S ...

Markets react to looming April 2 start of Trump's proposed 25% tariff on Venezuelan oil and gas imports - Anadolu Ajansı ...

Oil futures tanked more than 6% on Thursday as Trump's tariffs sent financial markets reeling and new global supply developments suggested the balance in the global oil market would remain under ...