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Oil posts weekly losses
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.
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.
Fire Put Out at Oil Refinery in Russia's Volgograd Region
Ukrainian Drone Surge Highlights Russian Oil Refining Risk
Russia’s ability to keep making fuel at the normal pace is looking increasingly precarious following a surge in Ukrainian drone attacks on the nation’s oil refineries, including a fresh incident on Friday.
Fire Put Out at Oil Refinery in Russia's Volgograd Region After Ukrainian Drone Attack, Governor Says
An oil refinery in Russia's southern Volgograd region caught fire after an overnight Ukrainian drone attack, but the blaze has now been put out, the regional governor said on Friday. Andrei Bocharov,
Drones attack oil refinery in Russia's Volgograd, causing fire – video
Ukrainian drones have allegedly attacked the area of an oil refinery and an oil depot in Volgograd. Russian authorities have claimed that falling drone wreckage caused a fire at the oil refinery. Source: BBC News Russian with reference to social media;
1h
INDIA BUDGET India to provide $647 million to support strategic reserve oil purchases in 2025-26
India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country's strategic petroleum ...
14h
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 ...
17h
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 ...
11h
on MSN
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 ...
13h
on MSN
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 ...
16h
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.
1d
Scottish Court Overturns North Sea Oil Approvals
A judge has ruled that private interests and climate change considerations should have been considered when the U.K.
18h
How much crude oil does the US import by country?
U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...
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tariffs
Donald Trump
Canada
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