Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
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 regions may be most affected by tariffs on Canada.
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 set for weekly decline as Trump tariff threat looms large
Oil prices edged down on Friday and were on course for a weekly decline as markets wait to see if U.S. President Donald Trump follows through on his threat to impose tariffs on Mexico and Canada this weekend.
Trump Says Tariffs on Canada and Mexico Coming Saturday, and He's Deciding Whether to Tax Their Oil
President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes. “We may or may not,
Donald Trump says he might exclude oil from tariffs on Canada and Mexico
Donald Trump has said he is considering excluding oil imports from the 25 per cent tariffs he has threatened to impose on Mexico and Canada, in a sign the US president might offer exemptions for crucial industries.
Oil prices rise amid US tariff threat but still set for weekly loss
Oil prices rose on Friday as markets weigh 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 producer Chevron uses term 'Gulf of America' after Trump renaming order
U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on ...
Scottish Court Overturns North Sea Oil Approvals
A judge has ruled that private interests and climate change considerations should have been considered when the U.K.
Rally in Middle East Oil Has Traders Piling In at Record Level
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
Exclusive: Libya's state oil firm looks to boost output, transparency, new chairman says
Libya's National Oil Corporation (NOC) will focus on raising its output and transparency, new acting chairman Massoud Suleman ...
Big Oil has an ally in Doug Burgum, President Trump’s Interior pick
Emails obtained by the Associated Press reveal Doug Burgum as North Dakota governor aided oil and gas executives and ...
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
I’ve Never Been Tied to a Chair: Oil Workers Mystified by New TV Show
Since the release of ‘Landman,’ real landmen are having to explain that they encounter more cat ladies than drug cartels ...
New oil and gas field consent was unlawful - judge
A court has ruled that consent for two new Scottish oil and gas fields was granted unlawfully and their owners must seek ...
Canada's Imperial Oil posts fall in fourth-quarter profit
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, hurt by lower commodity prices.