Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...
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.
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 ...
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 ...
Enrique Cornejo of Offshore Energies UK (OEUK), highlights the important role of the Bacton Energy Hub in a combined approach ...
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 ...
Oil prices extended losses on Friday over concerns about the impact of US tariffs on economic growth and fuel demand.
Markets react to looming April 2 start of Trump's proposed 25% tariff on Venezuelan oil and gas imports - Anadolu Ajansı ...
Almost unnoticed in the sweeping new import tariffs announced by U.S. President Donald Trump is that energy commodities have ...
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 ...