The recent drop in crude oil (CL=F, BZ=F) prices raises concerns about its impact on global markets. Factors such as President Trump's tariff announcements and expected OPEC supply increases have ...

(Bloomberg) -- Oil fell on concerns that the Trump administration’s tariff onslaught will reduce energy demand. West Texas Intermediate slid 0.8% to settle above $69 a barrel, retreating along ...

At 11:22 pm ET, Brent crude was trading down $1.48 (-2.07%) on the day at $70.14—a nearly $3 per barrel dip from this time last week and a $6 per barrel drop over the last two weeks. Oil prices ...

It was a marked departure from the early 2000s, when the oil giant branded itself as “beyond petroleum,” and even 2020, when the company targeted a 20-fold increase in its renewables portfolio.

WTI is set to drop 4.8 per cent, also its biggest weekly fall since that week. Markets, including oil, have been whipsawed by the fluctuating trade policy in the US, the world’s biggest oil ...

The first half of 2025 is shaping up to be a squeeze play for global oil markets. Supply is tightening thanks to ongoing production declines in Iran and Venezuela. The result? Brent crude prices ...

NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy.

HOUSTON, March 26 (Reuters) - Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by mounting concerns about tighter global ...

Source: FactSet By The New York Times By Stanley Reed Reporting from London Oil prices swooned on Wednesday as economic uncertainty rippled through global markets, a reaction to President Trump ...

(Bloomberg) -- Oil edged up as internal market metrics flashed signs that recent declines were overdone, overshadowing the prospect of a temporary truce in Ukraine. West Texas Intermediate rose 0. ...

Oil prices edged higher on Wednesday as concerns about tighter global supply grew following the U.S. threat of tariffs on nations buying Venezuelan crude, along with a larger-than-expected drop in ...

Oil prices edged higher on Wednesday on supply concerns with the U.S. stepping up efforts to limit Venezuelan and Iranian oil exports, while a bigger-than-expected drop in U.S. crude inventories ...