US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China's retaliatory tariffs on the United States.
Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.
China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the ...
OPEC+ will discuss its crude production plans when ... rebounding from the prior week's 3-year low of 472 rigs. The number of US oil rigs has fallen over the past two years from the 4-1/2 ...
Thursday closed down -0.42 (-0.59%), and March RBOB gasoline (RBH25) closed up +0.0240 (+1.17%). Crude oil and gasoline ...
China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.
Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.
Canada made up about 62% of all U.S. crude oil imports in the first 10 months ... its production cuts through at least March 2025 before phasing them out gradually over the course of a year.