Oil is trading at its lowest level in nearly four years. Costs are rising. And Wall Street is growing more worried by the day that […]
Tag: oil
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic […]
‘Wait, Baby, Wait’: Slumping Oil Prices Reflect Economic Worries
Many oil and gas executives thought they had hit pay dirt with President Trump’s election. A Trump administration would be staffed by people sympathetic to […]
Slumping oil prices reflect intensifying economic worries.
Oil prices continued to fall on Friday, extending Thursday’s sharp drop. Brent crude, the international benchmark, traded at its lowest level in more than three […]
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
President Trump’s threatened tariffs on countries that buy oil from Venezuela are another example of how his trade moves could hit China the hardest even […]
Oil Producers Follow Trump’s Tariffs With a Surprise Increase
Eight members of the OPEC Plus oil cartel, led by Saudi Arabia, said Thursday that they would accelerate their previously planned schedule to gradually add […]
Oil and metals prices fall on concerns about the global economy.
Oil prices plunged Thursday on fears that President Trump’s latest round of tariffs would slow economic growth around the world, curbing demand for gasoline, diesel, […]
Trump admin’s first oil and gas-lease sales nets nearly $40 million for U.S. coffers
The Interior Department announced Thursday that in the first three months of 2025, the federal government brought in nearly $40 million in revenue from oil […]
Environmental activists to protest Dodgers' home opener over partnership with embattled oil company
Opening day for the Los Angeles Dodgers will be met with protesters on Thursday afternoon after a group of environmental activists signed a petition to call […]
Trump Threatens Tariffs Against Countries That Buy Venezuelan Oil
President Trump said on Monday that he would crack down on countries that bought Venezuela’s oil by imposing tariffs on goods those nations sent into […]