Oil down amid rising US crude inventories, China-US tariff war
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signalled demand weakness while concern about a new China-U.S. trade war fuelled fears of softer economic growth.
U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended to almost three months.
Oil prices drop on rising U.S. inventories and fears tariffs will dent Chinese demand
Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as investors feared a U.S. -China trade battle will dent demand.
Large Unexpected Crude Build Sinks Oil Prices
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil
Oil drops amid rising US crude inventories, Sino-US tariff war
Oil prices dropped over 1% on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears of weaker economic growth, offseting U.S. President Donald Trump's renewed push to eliminate Iranian crude exports.
China Tariffs on US Oil Come as Exports Have Sunk From Peak
The first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is unlikely to rattle American exports of crude.
Trump Tariffs: China Hits Back With U.S. Penalties; Oil Prices Slip
President Trump delayed tariffs on Mexico and Canada, but imposed 10% levies on China, prompting Beijing to retaliate. Follow along for live updates on stocks and markets, including the Dow Jones Industrial Average,
Iran says US sanctions will destabilise oil and energy markets
Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...
Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...
Marketplace15h
Tariffs are looming. But a lot of things are shaping oil prices this year.
Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the ...
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
Diddy sued by 3 accusers, including man alleging baby oil used during assault was drugged
Among three lawsuits filed against Diddy on Tuesday was one alleging the mogul said he'd help a man's career but coerced him ...
Oil spill extends nearly 2 miles down river after containment tanks leak at Westmoreland County steel plant
Water rescue crews and first responders were on the scene Monday afternoon following an oil spill at a plant in Lower Burrell ...
Crude Oil Prices2h
Chevron In Talks With Trump Administration Over Venezuela Oil
Chevron is holding talks with the Trump administration amid calls by top Republican officials for the company to exit the ...
Trump Reimposes 'Maximum Pressure' on Iran, Aims to Drive Oil Exports to Zero
U.S. President Donald Trump on Tuesday restored his "maximum pressure" campaign on Iran that includes efforts to drive its ...