Oil Prices Fall Below $60 a Barrel
Digest more
Top News
Overview
Impacts
CNBC |
U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump's global tariffs would push the U.S., and maybe the world, into a recession.
Boston.com |
President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.
U.S. News & World Report |
Oil prices slumped to a four-year low Wednesday in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after President Donald Trump ordered wid...
Read more on News Digest
WTI crude oil rebounds to $63, while natural gas forms a bullish hammer at the support zone.
Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.
Occidental Petroleum (NYSE: OXY) reported higher prices for oil and gas production in Q1 2025, with average realized prices up for natural gas and natural gas liquids. The market rally and easing trade tensions boosted oil and gas stocks,
The trading session on Friday saw the WTI Crude Oil market breakdown rather significantly during the trading session, slicing through th
Investing.com-- Oil prices fell in Asian trade on Thursday following weak inflation data from top importer China, as it gears up for a renewed trade war with the United States.
Distillate fuel inventories grew by +0.3 million barrels from the previous week. U.S. crude oil imports increased by 271,000 bpd, averaging 6.5 million bpd. Over the past four weeks, crude oil ...