Pump prices set to rise as Trump tariffs hit Canadian, Mexican oil
SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
Trump oil tariffs expected to raise price at the pump
President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as planned after a 30-day delay. Analysts told The Hill that the 10 percent tariff set to be imposed under an executive order Trump signed over the weekend would lead to a pricing bump,
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
Tariffs Seen Disrupting Oil Market, Raising US Pump Prices
US President Donald Trump’s tariffs on imports from Canada and Mexico threaten to disrupt North America’s tightly integrated oil market and push up gasoline prices for American motorists.
Oil falls in choppy trade after Trump repeats pledge to lower prices
Oil prices fell in volatile trading on Thursday, as a pledge from U.S. President Donald Trump to boost U.S. production reignited oversupply concerns, while fresh sanctions on Iranian crude kept the losses in check.
Trade war, high demand bring mixed movement to oil prices
Increased oil demand from China and India plus US President Donald Trump's sweeping tariffs on goods from Mexico, Canada and China will bring mixed movement on local pump prices next week, the Department of Energy said Friday.
Oil edges lower as Trump renews pledge to drive down crude price
Crude oil futures gave up early gains to settle lower in a volatile session Thursday after President Trump repeated his promise to raise U.S. oil production, saying that if oil prices decline, "everything will follow.
Crude Prices Slip on Dollar Strength and Trump's Pledge to Boost US Oil Output
Thursday closed down -0.42 (-0.59%), and March RBOB gasoline (RBH25) closed up +0.0240 (+1.17%). Crude oil and gasoline prices settled mixed on Thursday, with crude falling to a 5-week low. Crude gave up an early advance Thursday and turned lower as the dollar rallied and President Trump pledged to boost US oil
Trump's tariffs will cause pain at the pump for Americans: Experts
While President Donald Trump campaigned on a pledge to lower fuel prices, energy experts predicted that his pending tariffs ...
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 ...
Here's how long it may take for oil's gains to show up in gas prices at the pump
President Donald Trump's decision to implement a 10% tariff on Canadian energy starting Tuesday, in contrast to the announced ...