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Oil ticks up
Oil ticks up after hours on possibility of lower US tariff on Canadian oil
Oil prices rose in aftermarket trading on Friday as U.S. President Donald Trump said he expects his administration to decrease proposed tariffs on Canadian oil from 25% to 10%, and to impose duties on oil and gas around Feb.
Tariffs Won’t Sink Canadian Oil Companies
The U.S. has become reliant on their crude, and Canada has ways to limit any financial hit.
U.S. Tariffs On Canadian Oil Would Cost Billions Of Dollars
Tariffs on Canadian oil would mean less exports, but that would raise prices enough to make alternatives attractive. Midwest gasoline prices could rise 25 cents a gallon.
Fire Put Out at Oil Refinery in Russia's Volgograd Region
Ukrainian Drone Surge Highlights Russian Oil Refining Risk
Russia’s ability to keep making fuel at the normal pace is looking increasingly precarious following a surge in Ukrainian drone attacks on the nation’s oil refineries, including a fresh incident on Friday.
Fire Put Out at Oil Refinery in Russia's Volgograd Region After Ukrainian Drone Attack, Governor Says
An oil refinery in Russia's southern Volgograd region caught fire after an overnight Ukrainian drone attack, but the blaze has now been put out, the regional governor said on Friday. Andrei Bocharov,
Ukrainian drones strike 'one of 10 largest oil refineries in Russia,' military says
"This refinery is one of the 10 largest oil refineries in Russia in terms of design capacity and is involved in supplying the Russian occupatying army," the General Staff said in a statement.
7h
on MSN
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.
1d
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 ...
22h
on MSN
Big Oil bleak on refining profits going into 2025
By Sheila Dang and Shariq Khan HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in ...
1d
How oil emerged as a central sticking point in the Trump tariff talks
The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged ...
23h
on MSN
Dem bill blames LA wildfire damage on fossil fuel emissions, holds oil and gas industry liable
California Democrats are seeking to make the oil and gas industry pay for damages from the Los Angeles wildfires, shifting ...
10h
on MSN
India to provide $647 million to support strategic reserve oil purchases in 2025-26
India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country's strategic petroleum ...
Grist on MSN
1d
Trump wants more drilling, but the oil market is already saturated
Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...
1d
on MSN
Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax their oil
President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” ...
1d
on MSN
Trump tariff threats on Canadian oil could impact three US regions, gas analyst says
Patrick De Haan, head of petroleum analysis at GasBuddy, warned Americans in the Midwest, the Rockies and the Great Lakes ...
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tariffs
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