Tariffs are looming. But a lot of things are shaping oil prices this year.
Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the way.
Why Trump is going to have a hard time lowering oil prices
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Trump’s oil price pressure threatens Kuwait’s budget
In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the budgets of
Trump oil tariffs expected to raise price at the pump
President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as planned after a 30-day delay. Analysts told The Hill that the 10 percent
Oil Prices Sink 3% as Trump Hits Pause on Canada Tariffs
Trump has delayed imposing 25% tariffs on Canadian and Mexican imports for 30 days following border security commitments from both nations.
Oil ends at lowest price of the year on rising U.S. supplies, tariff disputes
U.S. and global oil futures declined on Thursday as a hefty rise in last week’s U.S. supplies and uncertainty surrounding tariff disputes helped to weaken the outlook for crude demand, prompting prices to settle at their lowest levels of the year.
Oil firms as Trump policies continue to drag on prices
Oil prices edged up on Thursday after Saudi Arabia's state oil company raised its March crude prices sharply, but the gains barely dented the previous day's slide in benchmark Brent crude. Brent crude futures rose 44 cents,
Oil set for third weekly drop on Trump’s tariffs, energy push
Oil headed for a third weekly decline as President Donald Trump’s tariffs on China and his push for increased domestic production weighed on the demand outlook. West Texas Intermediate was steady near $71 a barrel,
Oil edges lower as Trump renews pledge to drive down crude price
Crude oil futures gave up early gains to settle lower in a volatile session Thursday after President Trump repeated his promise to raise U.S. oil production, saying that if oil prices decline, "everything will follow.
Crude Prices Slip on Dollar Strength and Trump's Pledge to Boost US Oil Output
Thursday closed down -0.42 (-0.59%), and March RBOB gasoline (RBH25) closed up +0.0240 (+1.17%). Crude oil and gasoline prices settled mixed on Thursday, with crude falling to a 5-week low. Crude gave up an early advance Thursday and turned lower as the dollar rallied and President Trump pledged to boost US oil
Oil prices look to bounce off 2025 lows after Saudi price hike for Asian buyers
Oil found some support Thursday from an increase in Saudi Arabia’s crude prices for Asian buyers, which implied strength in ...
Oil mixed as Trump restores pressure on Iran, tariff drama caps prices
Oil prices diverged at settlement on Tuesday amid tariff drama between Washington and Beijing, and after U.S. President ...
Oil Prices See Further Downside As Trump Reiterates Pledge To Boost Production
Following the steep drop seen in the previous session, the price of crude oil saw further downside during trading on Thursday. Crude ...
Oil prices drop on rise in U.S. supplies as tariffs threaten to dent Chinese demand
Oil futures on Wednesday marked their lowest settlement prices of the year, after official U.S. data showed a weekly climb of ...
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 Prices1d
Large Unexpected Crude Build Sinks Oil Prices
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...
Yahoo Finance9d
Oil prices rebound from multi-week lows as investors brace for Trump tariffs
NEW YORK (Reuters) -Oil prices settled up on Tuesday, bouncing back from multi-week lows, after the White House reaffirmed U.S. President Donald Trump's plans to issue tariffs on Canadian and ...