Oil down as US crude inventories swell, traders worry about China-US trade
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, while worries about a new China-U.S. trade war fueled fears of softer economic growth.
Oil prices drop on rising U.S. inventories and fears tariffs will dent Chinese demand
Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as investors feared a U.S. -China trade battle will dent demand.
Crude oil slides to lowest settlement this year as surging U.S. inventories shows weak demand
Crude oil futures fell more than 2% on Wednesday as traders worried that large increases in U.S. crude and gasoline stockpiles and a potential U.S.-China trade war were signals of weak economic growth and demand for oil products.
Oil down amid rising US crude inventories, China-US tariff war
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signalled demand weakness while concern about a new China-U.S. trade war fuelled fears of softer economic growth.
China's tariffs hit US oil as trade tensions rise
Oil prices on the New York commodity exchange are dropping after China imposed tariffs on American goods, including oil and liquefied natural gas. Brokers report that investors are also worried about US sanctions on Iran.
China's tariffs on U.S. oil come after exports fell sharply from 2020 peak
Crude oil futures finished mixed Tuesday, rebounding from sharp early losses after President Trump signed a memorandum restoring his "maximum pressure" policy against Iran that he practiced in his first term,
Oil drops amid rising US crude inventories, Sino-US tariff war
Oil prices dropped over 1% on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears of weaker economic growth, offseting U.S. President Donald Trump's renewed push to eliminate Iranian crude exports.
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Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...
Oil prices drop on rise in U.S. supplies as tariffs threaten to dent Chinese demand
Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as ...
Marketplace1d
Tariffs are looming. But a lot of things are shaping oil prices this year.
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