The price of WTI crude oil dropped more than 7% on Thursday as President Donald Trump’s Liberation Day tariffs blitzed markets and OPEC+ threw an unexpected production curveball.

The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn ...

OPEC is planning to increase its oil production quotas, but Trump's tariffs and threats to other nations will cause prices to ...

Eric Trump, the son of President Trump, advised the many countries who will face reciprocal tariffs on goods imported to the ...

Oil futures tanked more than 7% on Thursday morning as Trump's tariffs sent financial markets reeling and new global supply ...

The Ice Brent crude contract for June delivery fell 5.94% to $70.50 per barrel by 1:32 p.m. London time (8:32 a.m. ET), while ...

Oil prices slumped more than 6% on Thursday after the OPEC+ stunned the market with their production increase plan for May.

The Opec+ alliance of oil-producing countries has agreed to a larger-than-expected supply increase in May, resulting in oil ...

Opec+ nations have agreed to increase oil production faster than anticipated in light of continuing healthy market ...

We make a start by noting that the US oil market shows signs of loosening. On Friday we note the reduction in the number of ...

Oil tumbled the most since 2023 after enduring a twin hit from President Donald Trump’s trade tariffs and an OPEC+ decision ...