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Oil Price - Oil prices to see little upside as weak demand, supply glut concerns persist

31-01-2025 02:06

Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll showed on Friday, although tougher U.S. sanctions on Russian crude and ...

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Trump May Exclude Oil From Canada and Mexico Tariffs

Trump is considering exempting crude oil from new tariffs on Canada and Mexico as he seeks leverage over immigration, drug trafficking, and trade imbalances.

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Oil prices rise amid US tariff threat but still poised for weekly loss

Oil prices rose on Friday as markets weigh the threat of tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest crude exporters to the U.S., that could take effect this weekend.

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Trump says tariffs on Canada and Mexico coming Saturday, and he's deciding whether to tax their oil

President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes. “We may or ...

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U.S. tariff threat limits oil prices

Oil prices were held in check on Thursday by threatened U.S. tariffs on Canadian and Mexican crude that could take effect this weekeend. Brent crude futures were up 27 cents at $76.85 a barrel at ...

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