Oil prices climb after US tariffs spark supply disruption fears
Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption from the two biggest suppliers to the U.S., but the prospect of lower fuel demand capped gains.
The president says lower prices could solve a range of problems, but finds early resistance in the oil market.
OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday ...
Oil surged as President Donald Trump placed hefty tariffs on a range of imports including crude from Canada and Mexico, ...
US oil refiners will look to Latin America and the Middle East to replace suddenly more expensive Canadian and Mexican crudes ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Ukraine struck energy facilities in southern Russia with dozens of drones on Monday, triggering fires at a major oil refinery ...
Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback