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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 ...

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 ...

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 ...

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.

(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 ...

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 ...

China’s top oil refiner, Sinopec (OTCPK:SPTJF), reported a double-digit drop in annual profit for 2024, citing weakening domestic oil demand and structural shifts in the energy market.

Reporting by Menna Alaa El-Din and Muhammed Al Gebaly Writing by Menna Alaa El-Din Editing by Elaine Hardcastle and David Goodman Energycategory Oil prices drop 1% on trade war worries but post ...

(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. ...

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 ...

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 ...