Oil prices jump on supply disruption fears from US tariffs
OIL prices jumped on Monday after US President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption from two of the biggest suppliers to the US, but the prospect of lower fuel demand capped gains.
U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over ...
A Scottish court ruled that the UK government’s approval of Equinor’s Rosebank and Shell’s Jackdaw oil and gas projects was ...
Tariffs on oil imports mean higher costs for making finished fuels like gasoline, much of which is likely to be passed along ...
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
2-Year U.S. Treasury Note Continuous Contract $102.867-0.027-0.03% 5-Year U.S. Treasury Note Continuous Contract $106.523-0.094-0.09% 10-Year U.S. Treasury Note Continuous Contract $109.016-0.219 ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and ...
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...
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