Oil settles down more than 2% after US crude stocks build, OPEC+ hike, US tariffs
Oil prices settled down for the fourth consecutive session on Wednesday after U.S. crude oil stockpiles posted a larger-than-expected build, adding a further headwind as investors worried about OPEC+ plans to increase output in April and U.
By Adriana Barrera and Stefanie Eschenbacher MEXICO CITY (Reuters) -Mexican state company Pemex is in talks with potential ...
Crude oil futures rebounded from Wednesday’s lows after the US offered some concessions on recent tariffs.
US Gulf Coast refineries had already been placing fewer orders for crude oil from Mexico even ahead of President Donald Trump ...
U.S. President Donald Trump's new 25% tariffs on imports from Mexico and a 10% tariff on Canadian energy took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, sparking trade ...
Crude oil prices remained depressed due to ongoing trade tensions from tariffs and concerns about OPEC+'s planned production ...
Brent crude futures have plunged 6.5 percent over the last four sessions, settling at $68.34 per barrel—their lowest since December 2021.
We remain confident that with sustained reforms and proactive governance, Nigeria’s oil industry will regain its position as ...
U.S. crude oil exports to India reached a two-year high in February as Indian refiners sought alternative supplies due to U.S ...
Daily Post Nigeria on MSN7h
Global crude price tumbles to three-year low, as local fuel cost dropsOil prices fell for the third consecutive day, tumbling nearly 3 percent to the lowest level in three years, signalling a ...
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