Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday and closed the week lower as investors awaited 25% tariffs by the United States on Canada and Mexico, expected on Saturday.
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.
How oil emerged as a central sticking point in the Trump tariff talks
The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged there could be issues including the energy staple in his overall plans.
Oil and Uranium Markets React to Trump Canada Tariffs
The White House said Friday the U.S. will impose 25% tariffs on Canada on Saturday. Oil and uranium markets were already showing signs of anxiety.
Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil
President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” decide on Thursday night whether to include oil from those countries as part of his import taxes.
Booze, oil and orange juice: How Canada could fight Trump tariffs
As Justin Trudeau warns Canadians they could face "difficult days" ahead, here are four options for retaliation.
Trump Says Canada, Mexico Tariffs on Saturday May Not Include Oil
Trump also said he was still considering new tariffs on Chinese goods, citing its part in the fentanyl trade. He has threatened a 10% duty on all Chinese goods, after imposing pun
US imports of Canadian and Mexican crude oil by company
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
Wall Street Banks Raise Oil-Price Forecast Amid U.S. Policy Uncertainty
Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...
Dem bill blames LA wildfire damage on fossil fuel emissions, holds oil and gas industry liable
California Democrats are seeking to make the oil and gas industry pay for damages from the Los Angeles wildfires, shifting ...
Oil ticks up after hours on possibility of lower US tariff on Canadian oil
Oil prices rose in aftermarket trading on Friday as U.S. President Donald Trump said he expects his administration to ...
Trump Tariffs Could Hurt Oil Companies and Raise Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25% tariffs on products from Canada and Mexico.
Rally in Middle East Oil Has Traders Piling In at Record Level
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
Big Oil bleak on refining profits going into 2025
By Sheila Dang and Shariq Khan HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in ...