Oil prices retreat after report of U.S. crude stockpile rise
Oil prices fell on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on sentiment, paring back three days of gains driven by increasing Middle East tensions and intensifying sanctions.
Oil prices climb to two-week high on supply worries, US tariffs check gains
OIL prices climbed about 2 per cent on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries escalating trade tariffs would boost inflation and dampen global economic growth.
Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on ...
U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher ...
Trump has announced new tariffs on steel and aluminum, sending oil prices higher despite the potential drop in oil demand the ...
Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the ...
Crude oil reclaimed the 50-Day MA at $72.83, signaling strength. Watch resistance between $74.60-$74.89 and potential support at $70.91.
Oil prices climbed on Monday despite the real threat of a global trade war erupting after U.S. President Donald Trump ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Oil found some support Thursday from an increase in Saudi Arabia’s crude prices for Asian buyers, which implied strength in ...
Oil prices edged up for a third straight day on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies, ...
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