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Brent oil prices eke out weekly gain as U.S. targets Iran exports and tariff fears fade Read More »
Oil prices are climbing after Trump imposed new tariffs on steel and aluminum, even if they will likely be disruptive for global economic growth. – Europe’s TTF natural gas benchmark rose to €59 per MWh ($19.50 per mmBtu) this week, the highest continental futures have been since February 2023 after posting four consecutive weeks of gains in
Trump’s New Tariffs Boost Oil Prices Despite Potential Demand Consequences Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Feb 11, 2025, 3:46 PM CST The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by a massive 9.043 million barrels for
Huge Jump in Crude inventories Caps Oil Prices Read More »
On February 6, 2025, 3:29 AM Oil prices took a sharp turn today as traders weighed President Trump’s latest “maximum pressure” push against Iran. Brent crude rose to $76.34 per barrel (+0.50%), while WTI’s loss from early in the day shrunk to just a 0.31% dropoff at $72.93 per barrel. While a quick glance at
Oil Prices Spike As Markets Digest Trump’s Iran Crackdown Read More »
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Good news for India? Crude oil prices to stay in $75-$80/bbl range over next six months Read More »
It’s just three months until olive oil prices will be lower on supermarket shelves (Image: Getty Images) That’s what major retail supplier Filippo Berio is predicting for consumers – just three months until cheaper olive oil prices Scorching temperatures and a drought in Spain, a country that supplies 50% of global olive oil production, led
3 months until cheaper olive oil hits supermarket shelves Read More »
On February 4, 2025, 5:45 AM Crude oil prices began trade this week with a gain following President Trump’s announcement of 25% tariffs on most Canadian and all Mexican exports to the United States. In mid-morning trade in Asia, Brent crude was changing hands for $76.16 per barrel and West Texas Intermediate was trading at $73.75 per barrel, both
Oil Prices Start the Week Higher Following Trump’s Tariffs Read More »
US President Donald Trump has his sights set on oil prices as a way of targeting Russia’s finances to end its war in Ukraine. Ahead of a scheduled meeting of the Organization of the Petroleum Exporting Countries (OPEC+) on Monday night (AEDT), Trump reiterated calls for it to “drop the price of oil”, after which
Donald Trump’s tactic to end the Ukraine war — and whether it would impact Australia Read More »
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Dow futures tumble, oil surges after Trump tariffs end ‘self-delusion in markets’ Read More »
Is there, as the new American administration claims, a “national energy emergency“? Are the fetters about to come off the US fossil fuel sector and a new era of booming production commence, as per Donald Trump’s executive order? In short, no. Under the allegedly disastrous Biden administration, the average price of Brent crude oil, forecast
A ‘national energy emergency’ with no emergency and not much consequence Read More »
