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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 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 says he's still weighing whether Canadian oil will be a tariff target
CBC Business Host Scott Peterson has more
Oil climbs after-hours as Trump indicates sub-10% tariff on Canadian crude
Crude oil futures moved higher in after-hours trading Friday as President Trump said U.S. tariffs would apply to crude, although he may reduce levies on Canadian oil from 25% to 10% beginning around February 18.
Trump says Canada facing 25 per cent tariff but oil might get a 10 per cent levy
U.S. President Donald Trump said Friday he is considering a lower tariff on Canadian oil as the White House confirmed he is going forward with 25 per cent levies on imports from Canada on Saturday.
1d
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 ...
1d
on MSN
Trump says he'll impose tariffs on oil and gas imports next month, and eventually on pharmaceuticals
President Trump on Friday said the U.S. will impose tariffs on oil and gas imports, likely next month, as well as tariffs on ...
1d
on MSN
Oil and Uranium Markets React to Trump Canada Tariffs
The White House said Friday the U.S. will impose 25% tariffs on Canada on Saturday. Oil and uranium markets were already ...
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 ...
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
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 ...
2d
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.
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