Commodity Roundup: Oil prices face third-straight weekly fall as U.S. tariffs add to souring energy outlook
Oil prices were on course for a third-straightly weekly fall on Friday as President Donald Trump's new tariff policies leave markets uncertain. The opening salvo in the United States trade tariffs saw ...
Oil prices settle down as US stockpile grows, tariffs still in focus
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
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Amid Trump’s calls to “drill, baby, drill,” OPEC+ meets Monday to decide how it will respond
The message from Trump might be to "drill, baby, drill," but the message the market is sending to domestic producers is entirely different.
Oil Rises After U.S. Unveils Fresh Iran Sanctions
Oil prices rose in early trading after the U.S. imposed sanctions on an international network facilitating the shipment of Iranian crude to China to ramp up pressure on the Middle Eastern country.
Nigeria to block oil export permits for producers who do not fill refinery quotas
Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet their stipulated supply quota to local refineries, including the Dangote ...
What the US 10% tariff on Canadian energy means for global oil markets
Oil prices jumped on Monday after the US President Trump imposed tariffs on Canada and Mexico, which raised concerns over ...
This oil-industry gauge implies producers may be warming to Trump's 'drill, baby, drill' strategy
The number of active U.S. rigs drilling for oil climbed by seven to total 479 rigs this week, Baker Hughes reported on Friday, as domestic producers look to a “more friendly environment” for crude ...