Oil posts weekly fall on tariff worry and rising supplies
Oil prices edged higher on Friday (Apr 25) but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the US…
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Oil
Oil prices settle up on weaker US dollar, mixed economic news
Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news, conflicting US tariff signals and news from the…
Oil prices settle up nearly 2% on new Iran sanctions, equities rally
Oil prices settled more than US$1 per barrel higher on Tuesday (Apr 22) as new US sanctions against Iran and rising equity markets helped spark a recovery rally from the prior session’s…
Oil posts weekly gain on trade deal hopes, new Iran sanctions
Oil prices settled more than 3 per cent higher on Thursday (Apr 17), supported by hopes for a trade deal between the United States and the European Union and new US sanctions to curb…
Oil prices steady as market considers latest US tariff changes
Oil prices were little changed on Tuesday (Apr 15) as investors digested the latest headlines on US President Donald Trump’s on-again, off-again tariffs and tried to figure out how much…
Oil rises marginally on tariff exemption, Chinese crude imports
Oil prices settled slightly higher on Monday (Apr 14) on exemptions for some electronics from US tariffs and data showing a sharp rebound in China’s crude imports in March, but gains were…
Trump Republicans kill a rule that charged Big Oil for methane emissions
The Republican-controlled Congress has voted to repeal a federal fee on oil and gas producers who release high levels of methane, undoing a major piece of former President Joe Biden’s…
Oil climbs more than 2% after Trump cancels Chevron’s Venezuela licence
OIL prices rose more than 2 per cent on Thursday (Feb 27) as supply concerns resurfaced after US President Donald Trump revoked a licence granted to US oil major Chevron to operate in…
Oil settles down US$2, posting weekly loss as Middle East risk premium fades
OIL prices settled down more than US$2 a barrel on Friday (Feb 21), posting a weekly decline as investors grappled with a fading Middle East risk premium alongside uncertainty about a…
Oil rises as drone strikes Caspian pump station, while Russia-Ukraine peace talks loom
OIL prices strengthened on Monday (Feb 17) as an attack on an oil pipeline pumping station in the Caspian Sea slowed flows from Kazakhstan, while investors monitored developments of a…
Asia: Stocks rise, oil falls as Trump fans Ukraine peace hopes
ASIAN markets mostly rose on Thursday (Feb 13) and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after news Donald…
Oil sinks 2% after Trump calls Putin, Zelensky to discuss end to war in Ukraine
OIL prices settled down more than 2 per cent on Wednesday (Feb 12) after US President Donald Trump took the first big step towards diplomacy over the war in Ukraine he has promised to end,…
Hedge funds boost bearish oil bets as trade war threatens demand
Hedge funds increased bearish bets against oil by the most in three months on the prospect that duelling tariffs between the US and China would reduce energy demand. Money managers…
Oil prices set for third straight weekly fall on tariff concerns
Oil prices finished with daily gains on Friday (Feb 7) after new sanctions were imposed on Iran’s crude exports, but prices were down for the week as investors worried about US President…
From Moisturizing Perfume to $180 ‘Zen’ Facial Oil — Here Are the Need-to-know Q1 Skin Care Launches
With a slew of active-packed products — some of which purport benefits that go beyond the topical, à la Neuraé — hitting the market, WWD rounds up up seven first-quarter skin care launches…
Singapore-based Interra Resources denies allegations that it’s ‘fuelling war crimes’ in Myanmar by supplying oil
OIL and gas exploration and production company Interra Resources on Thursday (Feb 6) denied a report that alleged it is supplying the Myanmar junta with more than two million barrels of…
Opec+ rolls over oil policy, ditches US government data
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday (Feb 3) and removed the US government’s Energy Information Administration from the sources used to…
Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico, expected on Saturday. Brent crude futures for March,…
A new Syrian government struggles to reset its corrupt, besieged economy
ALEPPO, Syria — To understand the shakedown empire that was once Syria under former President Bashar Assad, consider the notorious Al-Khatib prison and torture center. Nestled in a leafy…
Oil prices settle down as US stockpile grows, tariffs still in focus
OIL prices fell on Wednesday (Jan 29), with the US benchmark settling at its lowest year to date, after domestic crude stockpiles in the world’s top petroleum producer and consumer rose…
Oil prices settle pennies higher, down for week as Trump touts energy policy
Oil prices settled slightly higher on Friday (Jan 24) but posted a weekly decline, ending four straight weeks of gains, after US President Donald Trump announced sweeping plans to boost…
Column: His first day back in office confirms it — there is no Trump 2.0
WASHINGTON — President Trump promised an inaugural address focused on “unity,” but what he delivered was more a campaign speech in a formal suit — long on promises and anger toward…
Supreme Court denies oil industry plea to block climate lawsuits filed by California, other blue states
WASHINGTON — The Supreme Court dealt a major setback to the oil industry on Monday, refusing to block lawsuits from California and other blue states that seek billions of dollars in…
Top Asian oil buyers in turmoil after sweeping Russian sanctions
REFINERS, tanker operators, traders and port executives across Asia were scrambling on Monday (Jan 13) to manage the fallout from the US’s most aggressive sanctions on Russia’s oil…