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Exclusive: Trump plans no exemption for oil imports under new tariff plan, sources say
U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on Tuesday, as the oil industry warned the policy could hurt consumers,
Canada’s Oil Patch Warns Trump’s Tariffs Would Raise US Gasoline Prices
Canada’s oil industry stressed the economic and security benefits of its exports to the US, while also using President Elect Donald Trump’s threat to impose tariffs on the country’s goods as a chance to criticize Prime Minister Justin Trudeau.
Oil edged higher after 3% dip from Trump tariffs and Israel-Hezbollah ceasefire optimism
Oil prices edged higher on Tuesday after declining by about 3 per cent the day before on a potential ceasefire agreement between Israel and Hezbollah. Traders were also concerned that US president-elect Donald Trump’s administration could introduce new trade tariffs upon entering office,
Oil prices edge up as market assesses Trump's tariff plans
Oil prices picked up on Tuesday, after the previous session's sell-off, as the market assessed U.S. President-elect Donald Trump's planned trade tariffs on Mexico and Canada and his aim to increase U.
2h
on MSN
Oil prices steady amid focus on Israel-Hezbollah ceasefire, OPEC+ policy
Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ceasefire deal between ...
7h
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 ...
14h
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 ...
14h
on MSN
India's IOC keeps Iraq oil import agreement steady, eyes more Russian crude
Indian Oil Corp, India's top refiner, has maintained its annual crude import deal with Iraq at 21 million tonnes for 2025, a ...
12h
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 ...
10h
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.
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 ...
15h
6 Areas To Watch In Crude Oil Markets
For the remainder of 2024, supply-side constraints, geopolitical risks and global economic trends will be in focus in crude ...
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 ...
16h
on MSN
'Devastating': Ontario chief leads Canadian criticism of Trump tariff plan
Tariff hikes touted by Trump on the election trail could be a negotiating strategy, it has previously been suggested by the ...
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