Oil down as US crude inventories swell, traders worry about China-US trade
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, while worries about a new China-U.S. trade war fueled fears of softer economic growth.
Crude oil slides to lowest settlement this year as surging U.S. inventories shows weak demand
Crude oil futures fell as traders worried that large increases in U.S. crude and gasoline stockpiles and a potential U.S.-China trade war were signals of weak economic growth.
China’s Tariffs Could Drag Down U.S. Crude Oil Exports
Chinese tariffs on U.S. crude oil are expected to reduce demand for American crude exports, potentially impacting US oil production.
Oil down amid rising US crude inventories, China-US tariff war
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signalled demand weakness while concern about a new China-U.S. trade war fuelled fears of softer economic growth.
Crude Oil Price Outlook – Crude Continues to Look for the Floor
The crude oil market continues to see a lot of choppy noise, but at this point in time, it looks like the market is about to try to recover.
China's trade tariffs could direct US crude exports lower in 2025
The US has grown into the world's third-largest exporter behind Saudi Arabia and Russia since it lifted a 40-year federal ban on exports of domestic oil in 2015
Oil ends at lowest price of the year on rising U.S. supplies, tariff disputes
U.S. and global oil futures declined on Thursday as a hefty rise in last week’s U.S. supplies and uncertainty surrounding tariff disputes helped to weaken the outlook for crude demand, prompting prices to settle at their lowest levels of the year.
China Refiners Set to Resell US Oil Cargoes After Tariff Blitz
China’s state-run refiners are expected to resell US oil cargoes and seek alternative supplies in the aftermath of Beijing’s response to Washington tariffs, a move that is already pushing up the cost of some replacement grades.
U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...
Trump admin sanctions ‘front company’ selling oil to China to allegedly fund Iranian military and terrorist groups
The US will not tolerate Iran’s destructive and destabilizing behavior and is today sanctioning an international network that ...
Crude Oil Prices1d
Large Unexpected Crude Build Sinks Oil Prices
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...
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 ...
Europe’s Oil Market Flashes Price Weakness on Refinery Halts
European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...
India’s crude oil imports from Russia surge 13% in Jan despite latest US sanctions
India imported 1.67 million barrels per day (bpd) of crude oil from Russia—up 13 percent from December 2024—showed data from ...
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
Russian Oil Falls Back Below $60 Price Cap as US Sanctions Bite
Russia’s flagship crude oil has dropped back below a price cap of $60 a barrel for the first time since December, one of ...