WTI oil rebounds despite worries about tariffs. It looks that recent sanctions on Iran provide additional support to the market. If WTI oil settles above the 50 MA at $72.35, it will get to the ...

Energycategory Chevron to lay off up to 20% of global workforce 8:59 PM UTC · Updated ago Energycategory Oil sinks 2% after Trump calls Putin, Zelenskiy to discuss end to war in Ukraine 8:04 PM ...

Oil prices have given up all of their 2025 gains as trade war concerns continue to weigh on both Brent and WTI. Brent futures have reversed all their 2025 gains and fallen back to exactly where ...

Oil prices dropped over 1% on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears of weaker economic growth, offseting U.S. President Donald Trump’s ...

Oil edged lower as concerns that trade war between the US and China would hurt global growth outweighed the announcement of reinforced sanctions on Iran. West Texas Intermediate fell 0.6% to ...

Crude oil prices struggled this past week ... Traders fear that the trade war’s impact could significantly reduce global crude demand, undermining economic growth and corporate investments.

(Bloomberg) -- Oil edged lower as concerns that trade war between the US and China would hurt global growth outweighed the announcement of reinforced sanctions on Iran. West Texas Intermediate ...

[Stay on top of transportation news: Get TTNews in your inbox.] There is strong nationwide support among Canadians for putting export taxes on oil shipments if needed to retaliate against U.S ...

To be sure, export levies on oil would likely be a last resort for Canada in a trade war with the U.S., as they would harm a major economic driver in the northern nation and potentially raise the cost ...

As the Wall Street Journal recalls, the last time prices sank to $45 per barrel, a short oil war ensued between Russia and Saudi Arabia, from which both survived, But this was not the case for ...

As the UAE's non-oil trade reached a remarkable Dh3.0 trillion in 2024, up 14.6 per cent year-on-year, the implications of the ongoing global trade war are becoming increasingly significant.