The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.

oil prices were trading down sharply before the Baker Hughes data release. At 12:34 p.m., ET, the WTI benchmark was trading down $5.15 per barrel (-7.69%) on the day at $61.80, which is a $7.44 ...

South Bow (NYSE:SOBO) -5.9% in Tuesday's trading after the 2,700-mile Keystone oil pipeline was shut down this morning after ...

SINGAPORE (Reuters) - Oil prices dropped to their lowest in more than four years in early trade on Wednesday on looming demand concerns fuelled by an escalating tariff war between the U.S. and ...

Crude oil futures surrendered some of the previous session's gains on Thursday, with market sentiment weighed by continuing concerns over the potential economic impact of trade tariffs along with ...

SINGAPORE (Reuters) - Oil prices dropped to their lowest in more than four years in early trade on Wednesday on looming demand concerns fuelled by an escalating tariff war between the U.S. and China, ...