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Oil drops amid rising US crude inventories, Sino-US tariff war
Oil prices dropped over 1% on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears of weaker economic growth, offseting U.S. President Donald Trump's renewed push to eliminate Iranian crude exports.
Oil News: Crude Under Pressure as Tariff Uncertainty Weighs on Demand
Oil prices dip as Trump threatens tariffs on Canada & Mexico. Uncertainty over crude imports keeps markets volatile. Traders await OPEC+ decisions.
Crude Oil Futures Volatile in Wake of Trump Tariffs
Crude oil futures are experiencing volatility, Li Xing, Financial Markets Strategist Consultant to Exness, highlighted.
Oil prices drop on rising U.S. inventories and fears tariffs will dent Chinese demand
Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as investors feared a U.S. -China trade battle will dent demand.
Marketplace
11h
Tariffs are looming. But a lot of things are shaping oil prices this year.
Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the ...
7h
on MSN
Fuel oil rally expected to stall as market shakes off US-Iran policy
Fuel oil margins climbed after U.S. President Donald Trump reimposed a tougher policy on Iran, though trade sources expect a ...
3h
Oil News: Iran Sanctions vs. U.S. Stockpiles – What’s Next for Crude Prices?
Rising U.S. stockpiles and trade tensions pressure crude prices, but Iran sanctions could tighten supply. What’s next for the ...
Institute for Energy Research
7d
Lower Global Oil Prices are Expected Under the Trump Administration
The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...
6h
on MSN
Fuel oil rally seen short-lived as market shakes off US-Iran policy jitters
By Jeslyn Lerh SINGAPORE (Reuters) -Fuel oil margins climbed after U.S. President Donald Trump reimposed a stricter policy on ...
The Australian Financial Review
2d
Oil demand to remain at current levels until at least 2040, Vitol says
Vitol, which trades about 7 per cent of the world’s
oil
supply
every day, expects global
demand
to peak at almost 110 million barrels per day at the end of this decade, and then retreat to ...
4d
on MSN
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 ...
3h
OPEC oil output falls for second month in January on Nigeria, Iran, survey finds
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...
4d
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 ...
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