Crude Oil WTI Futures, the U.S. benchmark, recently traded at $73.17 a barrel following the report after settling up 1% at $73.32 a barrel.

Donald Trump says he will impose a 25% tariff on steel and aluminium imports, as China's retaliatory tariffs on some US ...

He added he will announce reciprocal tariffs this week on countries that tax imports from the US. Trump said those will be ...

The Aberdeen & Grampian Chamber of Commerce is calling for tax cuts for North Sea oil and gas producers to protect the UK ...

Aberdeen & Grampian Chamber of Commerce has called on Chancellor Rachel Reeves to reduce the tax burden on North Sea oil and ...

North Sea oil giants such as BP should be given huge tax breaks to help protect the UK against Trump's trade war, Rachel Reeves has been told.

Aberdeen & Grampian Chamber of Commerce has called on the UK Government to reduce the 78% tax burden on North Sea oil and gas producers as a key first step towards greater domestic energy security.

The White House said President Trump will impose 25 percent tariffs on Canada and Mexico tomorrow, with another 10 percent ...

China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.

President Trump has confirmed that Mexican and Canadian goods will be subject to the full 25% tariff - and Chinese imports to ...