The Latest Breaking News from Oil

Volodymyr Zelenskyy says Norwegian diplomats among those in epicentre of ‘deliberate strike’ on Unesco-listed district. What we know on day 1,074

It’s official. On February 1, US President Donald Trump will introduce a sweeping set of new 25% tariffs on imports from Canada and Mexico. China will also face new tariffs of 10%.

President Trump considers reducing tariffs on Canadian oil and imposing tariffs on the EU, citing unfair treatment. Stay informed on potential trade actions.

March WTI crude oil (CLH25 ) Friday closed down -0.20 (-0.27%), and March RBOB gasoline (RBH25 ) closed down -0.0067 (-0.32%). Crude and gasoline prices settled moderately lower on Friday, with crude posting a 4-week low. Friday's rally in the dollar index (DXY00 ) to a 1-week high undercut energy...

Trump's second trade war has apparently arrived. There remains much uncertainty, but expect it to be costly.

President Donald Trump said this week that tariffs on U.S. neighbors Canada and Mexico will arrive Saturday

Gaie Delap had prison term extended because contractors could not find wrist strap of right size

Exclusive: MPs and ministers say they would oppose Starmer if he tries to approve Rosebank development

Switzerland’s top criminal court convicted a multinational company for the first time, ruling against commodities trader Trafigura in a case of bribery linked to lucrative oil industry contracts in Angola

Oil industry advocates for exemption of oil and gas from tariffs on Canada and Mexico to maintain trade relationships and benefit the American economy.

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey