Order byBest matchMost fresh

Trump, Oil

Digest more
Top News
Overview
Highlights
MarketWatch |
Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.
Reuters |
Canada and Mexico are the two largest sources of imported crude oil to the United States, while Europe is a significant source of imported fuel to the U.S. East Coast, which has a dearth of oil refine...
Wall Street Journal |
officials reversed that stance in the hours since the Wednesday tariff event, publishing a list of carve-outs on Thursday that cover about $644 billion worth of imports, according to calculations fro...

Read more on News Digest

Oil prices are cratering on Trump’s tariffs. Why crude producers still think the best move is to boost output.
Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.
8 OPEC nations boost crude oil production by 411,000 barrels a day
Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6%. The increase was much more than expected and starts in May.
Crude oil prices hit multi-year lows following Trump’s tariff announcement
The eight nations, according to OPEC’s official website, noted, “This comprises the increment originally planned for May in addition to two monthly increments.”
Oil imports exempted from Trump’s sweeping tariffs
Imports of oil, gas and refined products were exempted from U.S. President Donald Trump’s sweeping new tariffs, the White House said on Wednesday.
These are the places affected by Trump's tariffs
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars. The tariffs hit allies and rivals alike.
Trump Announces Sweeping New Tariffs. What’s Next
Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.
The Exemptions to Trump’s Tariffs
The Trump administration had repeatedly signaled that it would give few, if any, exemptions to the tariffs. But officials reversed that stance in the hours since the Wednesday tariff event, publishing a list of carve-outs on Thursday that cover about $644 billion worth of imports,
Trump signs executive orders on sweeping 'reciprocal' tariffs
Senate Republicans are bracing for the passage of a bipartisan bill to undo President Trump’s 25-percent tariff against Canada, which would deal Trump an embarrassing setback on “Liberation Day,” an occasion the president has proclaimed to announce a new round of tariffs.
Oil Slumps on Demand Fears After Trump’s Tariff Blitz
Prices fell sharply after Trump unveiled plans to impose sweeping tariffs on major trade partners, stoking fears that an escalating global trade war will hurt economic growth and demand for crude.

China, crude oil

Digest more
Top News
Impacts
Reuters |
Oil prices plunged nearly 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China ramped up tariffs on U.S. goods, sharply escalating a global trade war that h...
CNN |
The United States imported $439 billion worth of goods from China last year, the second top source of imports behind Mexico.

Read more on News Digest

Oil dives nearly 8% to lowest since pandemic on China's retaliatory tariffs
Oil prices plunged nearly 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China ramped up tariffs on U.S. goods, sharply escalating a global trade war that has investors worried about a recession.
Stocks, oil slump as China retaliates and Trump digs in heels
Equities and oil prices extended a global rout for markets Friday after China hit back over President Donald Trump's tariff blitz with its own mammoth levy on US goods, inflaming
U.S. crude oil plunges 8% as China retaliates with tariffs, heating up global trade war
Crude oil futures plunge for a second day on Friday, sinking to the lowest in four years during the depths of the COVID-19 pandemic, after China announced a retaliatory tariff of 34% on U.S. imports in an escalating trade war a day after President Trump unveiled tariffs that could weaken global demand while OPEC+ delivered a surprise production
Here’s what could soon cost you a lot more because of Trump’s massive tariffs
President Donald Trump on Wednesday launched a US trade war with every country via a barrage of tariffs that are set to go into effect almost immediately. American consumers and businesses stand to pay a hefty price for that battle.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
Rupee drops in NDF market after US levies 26% tariffs on India
The Indian rupee declined in the non-deliverable forward market on Thursday after the U.S. President Donald Trump slapped a 26% tariff on imports from the Asian nation.
Algo Traders Are Rapidly Turning More Bearish on Crude Oil
Algorithmic traders are rushing to walk back bullish positions on crude at a speed not seen since the 2023 bank failures.
Crude oil loses most since July 2022 as tariffs, OPEC output hike make 'perfect bearish cocktail'
Crude oil plunged by the most in nearly three years as concerns about weaker demand due to tariffs were exacerbated by the surprise move from OPEC+ to speed the return of withheld production
OilPrice.com9h
EIA: US Crude Oil Inventories Climb 6.2 Million Barrels
Crude oil inventories in the United States saw a large increase of 6.2 million barrels during the week ending March 28
Crude Oil Price Forecast: Crude Oil Plunges to 17-Day Low
Oil’s sharp decline triggered a bearish weekly signal, with sellers in control. Fibonacci support at $66.20 may indicate a short-term floor before further moves.
Explore more
AgWeb1h
Oil Glut and Tariffs Drive Prices to 4-Year Lows
The energy market are under pressure from a perfect storm of supply increases, economic anxiety, and evolving geopolitical shifts.
The Canadian Press on MSN2h
Sharp drop in global crude oil prices drags down Canadian energy stocks
West Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel today, recovering some ground by early afternoon to hover around a four-year low of US$62. The energy index on the TSX was down 8.5 per cent mid-afternoon on a day when the overall Canadian stock market was off about four per cent.
Spain's Imports of Venezuelan Oil Rise as US Sanctions Deadline Approaches
MADRID (Reuters) - Spain's crude oil imports from Venezuela in January and February rose roughly 59% from a year earlier as a key sanctions deadline set by U.S. President Donald Trump's administration approaches.
OilPrice.com20h
DoE Hands the Keys to Strategic Crude Oil Stockpile to New Firm
The Department of Energy has awarded a new $1.4 billion contract to Strategic Storage Partners, LLC—hardly a household name—to manage the Strategic Petroleum Reserve
Feedback