Pump prices set to rise as Trump tariffs hit Canadian, Mexican oil
SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
Oil prices post weekly drop as outline of Trump’s tariff plans emerges
Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders awaited a tariff decision by President Donald Trump on crude imports from Canada and Mexico.
How oil emerged as a central sticking point in the Trump tariff talks
The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged there could be issues including the energy staple in his overall plans.
Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil
President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” decide on Thursday night whether to include oil from those countries as part of his import taxes.
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.
Crude oil prices drop amid looming tariffs on Canada and Mexico
Crude prices posted a second consecutive weekly loss as traders awaited the imposition of 25% tariffs on Canada and Mexico, the top two suppliers of crude oil to the United States. West Texas Intermediate fell three of five trading days on the New York Mercantile Exchange,
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.
How much crude oil does the US import by country?
U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over ...
Dem bill blames LA wildfire damage on fossil fuel emissions, holds oil and gas industry liable
California Democrats are seeking to make the oil and gas industry pay for damages from the Los Angeles wildfires, shifting ...
Trump says he'll impose tariffs on oil and gas imports next month, and eventually on pharmaceuticals
President Trump on Friday said the U.S. will impose tariffs on oil and gas imports, likely next month, as well as tariffs on ...
Big Oil bleak on refining profits going into 2025
By Sheila Dang and Shariq Khan HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in ...
Wall Street Banks Raise Oil-Price Forecast Amid U.S. Policy Uncertainty
Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...
Booze, oil and orange juice: How Canada could fight Trump tariffs
As Justin Trudeau warns Canadians they could face "difficult days" ahead, here are four options for retaliation.
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump's early actions against offshore wind power, oil and gas giant Shell ...