Pump prices set to rise as Trump tariffs hit Canadian, Mexican oil
U.S. consumers will see higher prices at the gas pump from President Donald's Trump's decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and fuel traders.
Oil prices post weekly drop as outline of Trump’s tariff plans emerges
Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders awaited a tariff decision by President Donald Trump on crude imports from Canada and Mexico.
Trump Tariffs Could Hurt Oil Companies and Raise Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25% tariffs on products from Canada and Mexico.
Oil prices on track for weekly declines as traders await Trump tariff decision
Oil futures ticked lower Friday and were on track for weekly losses as traders awaited a decision by President Donald Trump on tariffs on imports from Canada and Mexico.
Oil set for weekly losses as Trump tariffs loom
Oil prices eased on Friday with U.S. President Donald Trump expected to announce new tariffs against Canada and Mexico that will begin on March 1, according to sources familiar with the planning. Brent crude futures for March,
Oil set for small weekly loss as traders assess impact of Trump tariffs
Oil prices increased on Friday as traders assessed the potential effect of US tariffs on imports from Canada and Mexico, two of its largest crude suppliers. But crude futures were still on track to record a small weekly loss.
Why Trump is going to have a hard time lowering oil prices
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Oil prices to see little upside as weak demand, supply glut concerns persist
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
Wall Street Banks Raise Oil-Price Forecast Amid U.S. Policy Uncertainty
Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...
Crude Oil Prices1d
Oil Prices Set for Second Consecutive Weekly Decline
Crude oil prices fluctuated amid concerns over U.S. tariffs on Canadian and Mexican imports but are set to end the week lower ...
Business Insider1d
Oil (WTI) Price
1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 542.72 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.76 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter ...
These prices could climb within days if Trump slaps tariffs on Canada and Mexico
The Trump administrations says the tariffs will take effect on Feb. 1. Tariffs on goods from Mexico and Canada that are set ...
Crude Oil Prices1d
Why Oil Prices Could Spike in February
Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking next week.
Trump promised to lower gas prices. His tariffs could have the opposite effect.
One chart shows why US gas prices could spike under Trump's tariff plans.
Oil Futures Edge Higher; Prices Consolidating Amid Uncertainty
Oil futures edged higher in early Asian trade. Brent crude oil was consolidating around the $77/bbl level amid continued uncertainty over whether OPEC will align its policies with Trump’s desire for ...
7 Oil Stocks to Buy Closely Tied to Crude Prices
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...