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Trump's tariffs to have limited impact on oil, gas prices, Goldman Sachs says
The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have a limited near-term impact on global oil and gas prices, Goldman Sachs said in a note on Sunday.
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
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.
Oil prices jump after Trump imposes tariffs on Canada, Mexico, China
Oil prices jumped at the market open on Monday after U.S. President Donald Trump imposes tariffs on Canada, Mexico and China, raising fears of a trade war and disruption in crude supply from two of the United States' biggest suppliers.
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” decide on Thursday night whether to include oil from those countries as part of his import taxes.
Crude oil prices drop amid looming tariffs on Canada and Mexico
Crude prices posted a second consecutive weekly loss as traders awaited the imposition of 25% tariffs on Canada and Mexico, the top two suppliers of crude oil to the United States. West Texas Intermediate fell three of five trading days on the New York Mercantile Exchange,
3h
on MSN
Oil prices jump on supply disruption fears from US tariffs
Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of ...
1d
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.
7h
Oil Billionaire Bill Koch Lists His Eco-Friendly 'Once in a Lifetime' Aspen Estate for $125 Million—More Than Four Times What He Paid
The post Oil Billionaire Bill Koch Lists His Eco-Friendly 'Once in a Lifetime' Aspen Estate for $125 Million—More Than Four ...
4h
on MSN
Dow futures tumble, oil surges after Trump tariffs end ‘self-delusion in markets’
U.S. stock-index futures were expected to open lower Sunday night after President Donald Trump announced heavy tariffs on ...
2h
Oil demand to remain at current levels until at least 2040, Vitol says
The world’s largest independent energy trader is more bullish on oil use for the next 15 years than the International Energy ...
2d
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 ...
2d
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 ...
2d
How much crude oil does the US import by country?
U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...
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