U.S. crude falls most in two months as Trump's output, tariff plans spark uncertainty
Crude oil futures fell as traders weighed implications of President Trump's "national energy emergency" that would raise U.S. production through easier permitting and opening up acreage.
U.S. crude oil falls as Trump weighs tariffs, aims to boost energy production
U.S. crude oil was down $1.89, or 2.4%, to $75.99 per barrel by 8:29 a.m. ET, while global benchmark Brent fell $1.30, or 1.6%, to $78.89 per barrel. Trump said after his inaugura
Crude oil prices hold losses as Trump's tariff threat raises trade war fears
West Texas Intermediate traded below $76 a barrel following a run of declines since Thursday, while Brent closed near $79.
Oil falls as Trump's plan to boost US oil output takes shape
Oil prices fell on Tuesday after U.S. President Donald Trump declared a national energy emergency on his first day in office, raising concerns of higher U.S. output in a market widely expected to be oversupplied this year.
Oil prices fall as investors assess Trump call to boost output vs. tariff threat
Oil futures fell early Tuesday as traders weighed President Donald Trump’s vow to boost already record U.S. crude output against the threat of a steep tariff on Canadian imports and a call to replenish the Strategic Petroleum Reserve.
Oil Falls as Trump Promises to Boost U.S. Crude Production
Oil falls as Trump promised to boost U.S. crude production, ANZ research analysts say in a commentary. The U.S. president reiterated his goal to encourage more output by cutting red tape and allowing drilling on previously banned federal lands,
Oil slips as traders digest Trump tariff reprieve, plan to boost US oil output
Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump's plans to apply new tariffs later than expected while boosting oil and gas production in the United States. Brent crude futures were down 65 cents,
Oil slides as Trump weighs tariffs, signs executive orders to increase US production
Oil slipped on Tuesday as traders priced in the possibility of tariffs against trading partners Canada and Mexico and executive orders aimed at boosting US production.
China's crude oil imports may grow 1% in 2025, CNPC says
China's crude oil imports will likely rise only 1% this year, and the country's reliance on oil imports is projected to ...
Colin Jost reveals wife Scarlett Johansson’s real reaction to crude ‘SNL’ joke: ‘I’m in trouble’
For the pair’s joke swap skit, Jost, 42, was forced to read Che’s absurd quips about Johansson — including one where Jost ...
Crude Oil Price Forecast – Crude Oil Pulls Back During Holiday Trading
The crude oil markets continue to be noisy, but at this point in time, the market also had to deal with the idea of there ...
Indian refiners seek crude after US sanctions disrupt Russia oil supply
Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week ...
'Crude prices likely to be in $75-$80 range this year': Indian Oil Chairman at WEF Davos 2025
On the implications for consumers, the Indian Oil Chairman highlighted India's efforts to shield the public from global price shocks.
Nairametrics3h
NNPC uncovers 55 illegal refineries in one week, lists hotspots of crude oil theft
The Nigeria National Petroleum Company Limited said it uncovered 55 illegal refineries and 29 illegal pipeline connections in ...
China's surplus crude oil surged last year, giving options for 2025
China's surplus crude oil eased slightly in December, but the excess surged in 2024 to more than 1 million barrels per day ...
Vanguard2d
Rising int’l price of crude forces hike in petrol price
THE Organisation of Petroleum Exporting Countries, OPEC, has put its 2025 economic growth at 3.1 per cent, painting a picture ...