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Trump, oil and Tariffs

Trump's oil-industry supporters are said to be rattled by tariffs

Oil producers who backed Donald Trump’s presidential comeback with hopes of a fossil fuel revival are now facing unexpected fallout: collapsing oil prices and mounting financial pressure brought on by a deepening trade war,

The New York Times · 3d

Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook

Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.

Forbes · 3d

Trump Tariffs Aren’t The Only Bearish Blows For Global Oil Markets

The oil market is reeling from the shock of the so-called Trump Tariffs but bearish sentiment was already firmly entrenched before the latest shock.

oil, trade war

Insider on MSN · 3d

The trade war is clobbering energy markets, with oil hitting its lowest price in 4 years

Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are pressuring crude prices.

NBC News on MSN · 11h

Trump trade war uncertainty threatens U.S. oil production

President Donald Trump’s trade war has thrown the oil market into deep uncertainty, triggering wild swings in crude prices, undermining investor confidence and jeopardizing domestic production.

Reuters on MSN · 17h

Oil retreats after sharp rally as US-China trade war escalates

Oil prices retreated 2% on Thursday as fears of a deepening U.S.-China trade war and a possible recession eclipsed earlier relief created by President Donald Trump's announcement of a 90-day pause on some tariffs against most countries.

OilPrice.com18h

U.S. Shale Faces Toughest Challenge Since the 2020 Oil Price Plunge

The U.S. shale industry is struggling as the crash in oil prices, triggered by President Trump's tariffs and exacerbated by ...

13h

Oil advocate withdraws nomination to lead US land bureau

Oil industry lobbyist Kathleen Sgamma has withdrawn her nomination to lead the U.S. Bureau of Land Management, Senator Mike Lee said at a Senate hearing on Thursday.

52mon MSN

Oklahoma oil and gas industry keeping close eye on trade war

One of the industries most closely watching the current trade war and tariff drama is the thousands of Oklahomans who work in the state’s oil and gas industry.

Polyethylene piping - What is it? and how is it used in the Oil and Gas industry?

Roseland 11th annual West Texas Oil and Gas convention, ABC Big 2's Chris Talley had the opportunity to check out various ...

2don MSN

Despite Trump’s fossil fuel embrace, some moves rankle industry

While President Trump has pledged to be a friend to the fossil fuel industry and taken steps intended to bolster it, several ...

2don MSN

Oil Production Slides and Job Cuts Rise as Tariff Costs Bite

The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.

1don MSN

Indonesia's palm oil groups urge levy cuts to offset US tariff impact

Indonesia's palm oil industry and farmer groups on Wednesday urged the government to reduce export costs, to offset the ...

Jury verdict against oil industry worries critics, could drive up energy costs

A $744 million jury verdict in Louisiana is at the center of a coordinated legal effort to force oil companies to pay ...

NOLA.com7d

Jurors deliberate in landmark trial seeking billions from oil industry over Louisiana coastal damage

John Carmouche, who is representing Plaquemines Parish, made his final plea to the jury, asking them to award the parish an ...

OilPrice.com3d

Oil Price Slump, Tariffs Hit Oilfield Services Sector

With WTI hovering near breakeven levels and OPEC+ unexpectedly ramping up output, analysts foresee consolidation among ...

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