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China's tariffs hit US oil

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.

Reuters on MSN · 1d

Oil down amid rising US crude inventories, China-US tariff war

Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signalled demand weakness while concern about a new China-U.S. trade war fuelled fears of softer economic growth.

Daily Wrap on MSN · 1d

China's tariffs hit US oil as trade tensions rise

Oil prices on the New York commodity exchange are dropping after China imposed tariffs on American goods, including oil and liquefied natural gas. Brokers report that investors are also worried about US sanctions on Iran.

Oil falls

Hosted on MSN · 5h

Oil falls as Trump repeats pledge to boost US supply

Oil prices eased on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving traders a day after the country reported a much bigger-than-anticipated jump in crude stockpiles.

Forbes · 13h

Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have a lasting or significant shift to the

Seeking Alpha on MSN · 1h

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.

Ukraine hits Russian oil depot in drone strike

YAHOO!News · 1d

Ukraine hits Russian oil depot in drone strike as 300 prisoners of war exchanged

It came as Russia and Ukraine swapped 150 prisoners of war each and UK foreign secretary David Lammy met with Ukrainian president Volodymyr Zelensky in Kyiv. A series of drone attacks by Ukraine on Russia's energy facilities have sparked fires in recent days at a major oil refinery in the Volgograd region,

U.S. News & World Report · 1d

Drone Attack Sparks Blaze at Oil Depot in Russia's Krasnodar, Governor Says

A Ukrainian drone attack overnight sparked a fire at an oil depot in Russia's southern region of Krasnodar, its governor said early on Wednesday, with 55 people fighting the blaze. A series of drone attacks by Ukraine on Russia's energy facilities have sparked fires in recent days at a major oil refinery in the Volgograd region,

Yahoo · 1d

Ukraine's drone strike reportedly sets fire to Russian oil depot in Krasnodar Krai

The fire at the Albashneft oil depot was extinguished at 8:11 am Moscow time, the independent Telegram channel Astra reported, publishing a video of what appears to be a burning oil tank.

US Permian basin's oil output growth to slow in 2025 despite Trump's plan, executives say

Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...

The Economist11h

Donald Trump loves big oil. Does big oil love him back?

DONALD TRUMP likes oil—and oilmen. He gushes about “liquid gold” with as much ferocity as Spindletop, an oil well that spat ...

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Oil set for weekly drop as Trump tariffs outweigh Iran sanctions

West Texas Intermediate was steady near $71 a barrel, and is down almost 3% this week, while Brent crude closed above $74.

Oil executives call for cautious return to Red Sea navigation

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...

NJ lawsuit claiming oil companies cause climate change dealt massive blow in court

A New Jersey Judge tossed out a Democrat lawsuit attempting to pin blame on oil companies for damages to the state allegedly ...

8hon MSN

US Sanctions Network That Helps Ship Iranian Oil to China

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...

US and international oil producers are pushing back on the Trump administration's plan to pump more crude

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

The Texas Tribune on MSN8h

Why oil and gas companies want state oversight for carbon dioxide injection

Environmentalists are worried the state — known for a lax approach to regulation — is not prepared for the added ...

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