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Oil, gasoline prices jump after Trump slaps tariffs on Canada crude
Oil futures were up sharply Monday after President Trump over the weekend slapped tariffs on Canada, Mexico and China, sparking worries over U.S. crude imports, though upside was limited by concerns a trade war would dent demand.
Oil Prices Start the Week Higher Following Trump’s Tariffs
Oil prices rise on the first day of trade after the US imposed tariffs on Canada and Mexico, with analysts divided on the long-term impact.
Why Trump is going to have a hard time lowering oil prices
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Oil Rises as Trump’s Tariffs Raise Supply Fears
Prices jumped on fears that U.S. tariffs on its major trade partners could disrupt supplies and raise prices at the pump.
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 25% tariff on everything else from Canada, "will moderate the resulting increase in U.
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.
Pump prices set to rise as Trump tariffs hit Canadian, Mexican oil
U.S. consumers will see higher prices at the gas pump from President Donald Trump's decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and fuel traders. The likely hike in fuel prices reflects the double-edged nature of Trump's trade protections which are designed to bolster domestic business and pressure U.
Oil prices post weekly drop as outline of Trump’s tariff plans emerges
Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders awaited a tariff decision by President Donald Trump on crude imports from Canada and Mexico.
Trump’s Tariffs to Have Limited Impact on Oil and Gas Prices, Goldman Says
The U.S. tariffs are expected to have a limited impact on oil and gas prices in the near term as global oil demand and production will largely remain unaffected as the levies are likely to be temporary,
Oil prices gain as Trump tariffs stoke supply worries
Oil prices rose on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of supply disruption, though gains were capped by concern over what could be an economically damaging trade war.
US Oil Refiners Look to Latin America, Iraq After Trump Tariffs
US oil refiners will look to Latin America and the Middle East to replace suddenly more expensive Canadian and Mexican crudes following President Donald Trump’s tariff salvo, according to traders.
20m
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...
2h
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 ...
6h
on MSN
Trump’s Bid for More Oil Is a Hard Sell for Allies in U.S., Saudi Arabia
The president says lower prices could solve a range of problems, but finds early resistance in the oil market.
4h
Ship New to Russia Oil Trade Docks at Port Shaken by Sanctions
A tanker new to the Russian oil trade docked at the Pacific port of Kozmino over the weekend, as merchants seek to rebuild ...
4h
Vitol sees 2040 global oil demand little changed from current levels
Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...
14h
Ukrainian Drone Strikes Trigger Fires at Major Oil and Gas Facilities in Russia
Ukraine struck energy facilities in southern Russia with dozens of drones launched on Monday, triggering fires at a major oil refinery and gas processing plant and disrupting flights from the Volga to ...
7h
Ukraine Hits Lukoil Oil Refinery, Gazprom Plant in Russia
Ukrainian drones struck more Russian oil and gas facilities, the latest in a near-daily series of attacks meant to hurt ...
Econostrum English on MSN
3h
U.S. Tariffs Trigger Oil Price Spike, Raising Inflation Concerns
Following U.S. President Donald Trump’s decision to slap tariffs on imports from China, Canada, and Mexico, oil prices ...
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