Oil Prices Set for Second Consecutive Weekly Decline
Crude oil prices fluctuated amid concerns over U.S. tariffs on Canadian and Mexican imports but are set to end the week lower.
U.S. Crude Oil Inventories Rise For First Time in 10 Weeks
Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million barrels.
Oil prices dip as US crude inventories surge, tariff concerns loom
Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus turned to potential U.S. tariffs on Canadian and Mexican imports. Brent crude futures were down 59 cents,
Crude oil gains but remains under pressure from tariff worries
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous session's sharp losses.
Oil Poised for Weekly Loss Amid U.S. Tariff Threat
Oil prices were on track for weekly losses of roughly 2% amid uncertainties over looming U.S. tariffs. Brent crude was down 0.2% at $75.72 a barrel, while WTI fell 0.1% to $72.66 a barrel in volatile trade.
Crude Oil Price Forecast – Crude Oil Continues to Build a Base
During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
Oil prices rise amid US tariff threat but still set for weekly loss
Oil prices rose on Friday as markets weighed the threat of tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest crude exporters to the U.S., that could take effect this weekend.
Oil Pressured by Uncertainty Around U.S. Tariffs
Oil prices edged lower as U.S. tariff threats continued to dominate market sentiment after the White House confirmed plans to impose tariffs on Canada and Mexico on Feb. 1. However, commerce secretary pick,
Oil prices end lower as U.S. crude supplies post first weekly rise in 10 weeks
U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly rise in commercial crude inventories following nine consecutive weekly declines.
Oil prices settle down as US stockpile grows, tariffs still in focus
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week.
Oil Prices Ease on Rising US Inventories, Libyan Output
Asharq Al Awsat Oil prices slid on Wednesday, giving up some of last session's gains, as an increase in US crude stockpiles and easing worries over Libyan supplies weighed on prices, although the decline was limited by potential US tariffs on Canadian and Mexican imports.
Oil prices to see little upside as weak demand, supply glut concerns persist
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
Crude Oil Price Forecast: Drops to New Low, Key Support Levels Eyed
Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.
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Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Trump tariff threats on Canadian oil could impact three US regions, gas analyst says
Patrick De Haan, head of petroleum analysis at GasBuddy, warned Americans in the Midwest, the Rockies and the Great Lakes ...
India's Jan Russian crude imports surge despite sanctions, but risks loom
US crude oil shipments surged fourfold in January to 296,000 bpd, making up 6% of India's imports, as the US urged New Delhi ...