Oil prices were heading for their second straight weekly fall today against a backdrop of investor concern over recession sparked by the burgeoning trade war between the United States and China ...

China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.

Oil prices are facing a turbulent future, with Goldman Sachs predicting Brent crude could plunge below $40 a barrel in an extreme scenario. As global economic uncertainties and US-China trade ...

while their downstream operations gain when oil prices drop. The phenomenon lends stability in periods of falling prices – and cuts their overall risk! It also helps them keep paying high ...

14 oil and natural gas fields discovered in Eastern Region, Empty Quarter Dubai: Saudi Arabia, the world's top oil exporter, on Wednesday unveiled 14 new oil and natural gas discoveries in the ...

U.S. oil futures were poised for their lowest finish since February 2021, with the May contract down $3.25, or 5.5%, at $56.33 a barrel. The Energy Information Administration on Wednesday also ...

Oil prices edged higher today, April 9, as markets assessed US President Donald Trump's 90-day suspension of several new tariffs. Brent crude futures for June delivery rose 3.95%, or $2.48, to $65.30 ...

Amid the recent tariffs announced by US President Donald Trump and his administration, oil prices took a sharp hit, falling to a four-year low. Notably, US tariffs on China have now reached about ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Oil prices have crashed to their lowest point since 2021 due to the escalating US-China ...

The sanctions have made crude exports to Asia more costly and complex. "Global oil price drop linked to US tariffs poses challenges to Russian economy" was originally created and published by ...

Oil has lost about one-fifth of its value since Trump announced higher tariffs on its trading partners on April 2, the biggest five-day drop since March 2022. COPPER, IRON ORE AND VEGOILS Base metal ...

Oil has lost about one-fifth of its value since Trump announced higher tariffs on its trading partners on April 2, the biggest five-day drop since March 2022. Base metal prices in China fell ...