Oil settles down

Oil settles down after Trump repeats pledge to boost US supply
Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving traders a day after the country reported a much bigger-than-anticipated jump in crude stockpiles.
Oil Prices See Further Downside As Trump Reiterates Pledge To Boost Production
Following the steep drop seen in the previous session, the price of crude oil saw further downside during trading on Thursday. Crude
Oil set for third weekly drop on Trump’s tariffs, energy push
Oil headed for a third weekly decline as President Donald Trump’s tariffs on China and his push for increased domestic production weighed on the demand outlook. West Texas Intermediate was steady near $71 a barrel,
Oil firms as Trump policies continue to drag on prices
Oil prices edged up on Thursday after Saudi Arabia's state oil company raised its March crude prices sharply, but the gains barely dented the previous day's slide in benchmark Brent crude. Brent crude futures rose 44 cents,
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
Why US crude oil exports may decline in 2025?
US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China’s retaliatory tariffs on 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 ...
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 ...
Hosted on MSN15d
Why does the US Import oil despite producing enough for its needs?
The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and exporting millions of barrels daily. Yet it also imports roughly 8 million ...
Trump promised to lower gas prices. His tariffs could have the opposite effect.
One chart shows why US gas prices could spike under Trump's tariff plans.
Republican Sen. Jim Justice looks forward to overtaking China’s energy production in second Trump term: ‘Power of the world’
Energy is everything — it fixes inflation, it absolutely secures us from a defense standpoint,” Justice told The Post. “The ...
‘Self-inflicted wound’: Trump’s tariff chaos threatens US energy ambitions
Where Trump inflicted pain this week and where he eventually pulled back underscore his conflicting priorities on energy and trade. While the president wants to carry a big stick with sweeping tariffs ...
Cfr.org17d
The Impact of Removing Tax Preferences for U.S. Oil and Gas Production
Against the backdrop of low oil prices and increased domestic production, Gilbert E. Metcalf models firm behavior in response to the potential loss of each of the three major tax preferences in ...
The Financial Express17d
Puri sees chances of higher oil imports from the US
US domestic production is projected to increase next year, as part of the new drilled and completed wells coming online, analysts say.