Is the response potential of U.S. supply ... oil, strengthening relationships with oil producers, buildup of strategic reserves, domestic price controls, and efforts to reduce domestic oil use.

driven by the latest U.S. oil inventory report by the American Petroleum Institute and expectations of tighter supply on Washington’s double-down on oil sanctions against Iran and Venezuela.

Crude oil traders faced a volatile week as prices reacted to a combination of geopolitical tensions, supply-side shifts, and macroeconomic signals. While Middle East conflicts and fresh sanctions ...

1546 GMT – Oil prices extend gains in afternoon trade, buoyed by U.S. stockpile draws and U.S. pressure on Iran and Venezuela. Brent crude is up 1.2% to $73.27 a barrel, while WTI rises 1.4% to ...

NEW YORK (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.

Laith Khalaf, of investment platform AJ Bell, said: “Supply chain disruption could also ... an enormous shift in US economic policy.” Oil prices have plummeted in response to Trump’s ...

buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by mounting concerns about tighter global supply following the U.S. threat of tariffs on nations buying ...

Global oil prices rose on Trump's indirect tariffs as they raise supply concerns. US President Donald Trump has announced an unexpected tariff that would hit China. On Monday, Trump introduced ...

Stronger than expected drop in US crude stocks last week (API report) contributed to the latest acceleration higher, as oil remains supported by growing concerns about potential supply shortage ...