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WTI crude oil (CLM25) today is down -1.09 (-1.73%), and June RBOB gasoline (RBM25) is down -0.0184 (-0.87%). Crude oil and ...
Oil prices were stable on Monday as investors weighed up uncertainty over trade talks between the U.S. and China, clouding ...
Oil producers will be hit with higher costs in their supply chains if the Trump administration moves ahead with sweeping tariffs, according to a new report published by Wood Mackenzie.
Oil prices dropped this week due to tariff uncertainty and potential OPEC+ production increases, impacting company strategies ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
A Transition Toward Moderate Growth This article explores recent oil demand trends across Latin America, focusing on December 2024 data and looking ahead through 2025 and 2026. While the region saw a ...
Oil prices have dropped significantly from 2022 highs, with WTI trading around $70 per barrel, raising concerns about potential economic recession and reduced demand. Downside risks include ...
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).
President Donald Trump said Saturday that he "couldn't care less" if automakers raise prices due to the impact of his upcoming tariffs on foreign-made cars, arguing that the move will lead to more ...
President Donald Trump said Saturday he doesn’t care if automakers hike prices because of his tariffs. In fact, he encouraged them to. Asked by NBC News’ Kristen Welker in a phone interview ...