oil - Search News

China's tariffs hit US oil

Oil down as US crude inventories swell, traders worry about China-US trade

Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, while worries about a new China-U.S. trade war fueled fears of softer economic growth.

Bloomberg L.P. · 1d

China Tariffs on US Oil Come as Exports Have Sunk From Peak

The first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is unlikely to rattle American exports of crude.

Daily Wrap on MSN · 16h

China's tariffs hit US oil as trade tensions rise

Oil prices on the New York commodity exchange are dropping after China imposed tariffs on American goods, including oil and liquefied natural gas. Brokers report that investors are also worried about US sanctions on Iran.

Ukraine hits Russian oil depot in drone strike

YAHOO!News · 9h

Ukraine hits Russian oil depot in drone strike as 300 prisoners of war exchanged

It came as Russia and Ukraine swapped 150 prisoners of war each and UK foreign secretary David Lammy met with Ukrainian president Volodymyr Zelensky in Kyiv. A series of drone attacks by Ukraine on Russia's energy facilities have sparked fires in recent days at a major oil refinery in the Volgograd region,

U.S. News & World Report · 22h

Drone Attack Sparks Blaze at Oil Depot in Russia's Krasnodar, Governor Says

A Ukrainian drone attack overnight sparked a fire at an oil depot in Russia's southern region of Krasnodar, its governor said early on Wednesday, with 55 people fighting the blaze. A series of drone attacks by Ukraine on Russia's energy facilities have sparked fires in recent days at a major oil refinery in the Volgograd region,

The Moscow Times on MSN · 19h

Ukrainian Drone Attack Sets Oil Depot Ablaze in Southern Russia, Authorities Say

A drone attack in Russia’s southern Krasnodar region ignited a fire at an oil depot Wednesday, the regional governor said. The attack targeted the village of Novominskaya, where debris from a downed drone fell on an oil reservoir,

7hon MSN

Oil prices drop on rise in U.S. supplies as tariffs threaten to dent Chinese demand

Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as ...

16h

Iran says US sanctions will destabilise oil and energy markets

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

15h

Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

Crude Oil Prices12h

Large Unexpected Crude Build Sinks Oil Prices

Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...

7hon MSN

Tariff Threat Spurs Canada to Rethink Limits on Oil Pipelines

Almost every day since the expansion of Canada’s Trans Mountain pipeline was completed in May, a tanker laden with oil sands ...

2hon MSN

Oil Edges Higher; Rising Stockpiles, Trade Uncertainty to Weigh

Oil edged higher in early Asian trade after falling overnight, but may continue to be weighed by rising U.S. stockpiles and trade uncertainty.

US and international oil producers are pushing back on the Trump administration's plan to pump more crude

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

22h

Why Big Oil is resisting Trump’s call to ‘drill, baby, drill'

US President Donald Trump wants energy producers to drill for more oil. He claims it will lower prices for consumers and ...

2don MSN

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 ...

5hon MSN

Suncor's fourth-quarter profit beats on higher oil output

Canada's Suncor Energy beat analysts' estimates for fourth-quarter profit on Wednesday as the integrated oil and gas firm ...

Crude Oil Prices7h

Beyond Oil: How Southeast Asia's Energy Consumption is Shifting

Southeast Asia's unique cultural, climatic, and energy resource advantages may offer unexpected resilience in the face of ...

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