Oil up 2% on tighter U.S. supplies but tariff concerns loom
Oil prices rose 2% on Wednesday, as U.S. government data showed tighter oil and fuel inventories than expected, though investors kept an eye on mounting fears of a U.S. economic slowdown and the impact of tariffs on global economic growth.
Oil prices buoyed by weaker U.S. dollar
Oil futures rose Wednesday, finding support from a weaker U.S. dollar as investors navigate intensifying trade tensions and worries about global economic growth.
Oil Rises on Weaker Dollar But Tariff Fears Batter Sentiment
Oil edged higher in early trade on a weaker dollar, but gains remained capped by growing concerns over global trade.
Oil up on weak dollar, tariff concerns cap gains
Oil prices extended gains on Wednesday, rising over 1%, supported by a weaker dollar, but gains were capped by mounting fears of a U.S. economic slowdown and the impact of tariffs on global economic growth.
Oil Prices Steady Amid Tariff Concerns and Market Volatility
Dubai Oil prices stabilized on Tuesday after a period of declines, reflecting investor apprehension over escalating trade tensions and their potential impact on global economic growth. West Texas Intermediate crude hovered around $66 per barrel,
Oil Prices Drop as Tariff Concerns and OPEC+ Supply Increase Weigh on Market
Oil prices declined for a second straight day as concerns over U.S. tariffs on Canada, Mexico, and China fueled fears of a global economic slowdown, impacting energy demand. Meanwhile, OPEC+ is set to increase
CERAWEEK Guyana considers plan to refine oil in US, import fuel
Guyana is considering a plan to export crude oil to the United States for refining and to bring back fuel for domestic supply ...
Oil and gas executives roll back green energy pledges as they celebrate Trump
Oil and gas firms that once leaned into aggressive climate targets praise Trump’s agenda at an annual Houston gathering, ...
Business Daily Africa1h
Costly fuel looms as Epra raises oil dealer tariffs by Sh7.80 a litre
Epra defended the price adjustments, arguing that they are key to keeping oil dealers and transporters in business.
Grist on MSN5d
Oil companies are dropping renewable goals — and more importantly, expanding fossil fuels
This story was originally published by Grist with the headline Oil companies are dropping renewable goals — and more ...
CSNews3h
Majors Management Acquires Fuel Supply Contracts From Bluebonnet Petroleum
LAWRENCEVILLE, Ga. — Majors Management LLC is growing its supplier portfolio with a new deal. The company and its affiliates ...
Yahoo Finance8d
Marathon Petroleum Fuels Refining Solutions With Comstock Partnership
Marathon Petroleum Corporation MPC recently collaborated with Comstock Fuels Corporation, a subsidiary of Comstock Inc. LODE, to take forward Comstock’s lignocellulosic biomass refining ...
E&E News8h
IEA: Chinese oil consumption peaks as EVs surge
Chinese oil demand plateaued last year amid surging electric vehicle sales and a slowdown in the country’s construction ...
Guyana considers plan to refine oil in US, import fuel
Guyana is considering a plan to export crude oil to the United States for refining and to bring back fuel for domestic supply ...