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Exclusive: Trump plans no exemption for oil imports under new tariff plan, sources say
President-elect Donald Trump's plan to impose 25% tariffs on Canadian and Mexican imports in his first day in office does not exempt crude oil from the trade penalties, two sources familiar with the plan told Reuters on Tuesday.
Oil producers warn Trump tariffs on Canada will push up US petrol prices
Donald Trump’s plan to slap punitive tariffs on Canadian imports will drive up prices for American motorists, oil producers warned, as companies scrambled to respond to the US president-elect’s threats.
Canada's Oil and Auto Industries Sound Alarm Over Proposed Tariffs
A 25% Trump tariff on Canadian oil and gas could lead to lower production, in turn pushing up U.S. energy prices, warned an industry group. Canada, the world's fourth-largest oil producer, sends almost all of its exports to the U.
What Trump's trade plans mean for industry in Canada and Mexico — from oil to autos
Mexico and Canada are two of America's biggest trading partners, shipping everything from energy and vehicles to machinery and electronics to the US.
4h
on MSN
Trump’s oil-drilling plans may pose a big problem for OPEC+
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...
5h
on MSN
Oil settles down after Israel agrees to ceasefire deal with Lebanon
Oil prices settled lower on Tuesday, extending Monday's losses in choppy trade after Israel agreed to a ceasefire deal with ...
11h
OPEC+ Begins Talks on Delaying Oil Production Restart Again
Key OPEC+ nations have begun discussions to delay the oil production restart planned for January, potentially for several ...
9h
on MSN
Tank containing oil drilling byproducts explodes and catches fire near GM facility in Michigan
A fire chief says a tank containing byproducts from oil drilling operations exploded and caught fire near the General Motors ...
7h
Brent Crude - Oil Eyes Recovery As OPEC + Deliberate Oil Cut Rollover
Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.
1d
on MSN
Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say
Trump will speed permits for drilling on federal lands and plans to kill tax credits for electric cars, sources told Reuters.
6h
Maine sues oil companies over impact of fossil fuels on climate
Maine on Tuesday became the latest state to sue major oil companies including Exxon Mobil and BP and accuse them of deceiving ...
The Denver Post
1h
Colorado investigates reports of falsified data on cleanup of about 350 oil, gas sites
State
oil
and gas regulators are investigating reports that environmental consultants falsified results of tests on soil, ...
1d
OPEC+ Has Little Room to Revive Oil Supply, Iran Official Says
OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...
1d
Trump planning to lift Biden's LNG pause, increase oil drilling during 1st days in office: report
President-elect Donald Trump reportedly plans to "go strong" on overturning President Biden's climate policies, such as ...
ABC 13 Houston on MSN
1h
Crews responding to reports of explosion at west Houston oil field tool company, fire officials say
Authorities said an oil field tool company was testing equipment when an explosion occurred. One person received minor ...
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