Rising Tariff Rates Pose a Threat to Oil Demand There are also a number of tariffs on the energy sector itself. BMI said Mainland China’s 10 per cent tariff on US crude imports should not ...

With a supply cost that low, ConocoPhillips can cash in on $70 crude oil. The oil company expects to produce enough cash to cover the $12.9 billion it plans to invest in capital projects to ...

Royalty-free licenses let you pay once to use copyrighted images and video clips in personal and commercial projects on an ongoing basis without requiring additional payments each time you use that ...

Brent crude rose nearly 2% after hitting a four-year ... and reports of higher Saudi Arabian and Russian production. Oil prices fell over 1 percent Monday in Asia following a decline of more ...

According to its latest short term energy outlook, the EIA sees U.S. crude oil production, including lease condensate, averaging 13.59 million barrels per day this year. Image by Pavel Muravev via ...

Amir Daftari is a Newsweek reporter based in London, specializing in global affairs with a focus on the Middle East. He joined Newsweek in 2024 from the United Nations and has previously worked at ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 640,000 barrels for the week ending February 21. Analysts had expected a 2.3-million-barrel ...

WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as ...

Russian oil exports to India have dropped 25% in February amid sanctions, while US shipments surged nearly 100%. The overall Middle East exports to India for February might be lower than the ...

Crude oil futures traded lower on Monday morning following reports of likely resumption of oil exports from Kurdistan. At 9.59 am on Monday, May Brent oil futures were at $73.88, down by 0.23 per ...

Plus500 US Oil Offering: Oil types: Crude Oil, Brent Crude Oil, Heating Oil, RBOB Gasoline, E-mini Crude Oil, Micro WTI Crude Oil Asset classes: Futures Margin: From $80 per contractPlus500 US ...

WTI trades at $72.14 per barrel, down from Thursday’s close at $72.44. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $75.80 after its previous daily close at $76.12.