Trump tariffs could raise gasoline prices, oil industry warns
Trump signed an executive order Saturday that adds a 10 percent tariff on oil, natural gas, coal, uranium and other energy resources from Canada. Other imports from Canada and Mexico will be subject to a 25 percent tariff, while imports from China will get a new 10 percent tariff.
Oil prices climb after US tariffs spark supply disruption fears
Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption from the two biggest suppliers to the U.S., but the prospect of lower fuel demand capped gains.
The president says lower prices could solve a range of problems, but finds early resistance in the oil market.
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
The International Energy Agency's former oil industry and market chief criticized the agency's focus on the global energy ...
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California Democrats are seeking to make the oil and gas industry pay for damages from the Los Angeles wildfires, shifting ...
Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...
Vitol, a major oil trader, forecasts that global oil demand will remain steady for the next 15 years, defying predictions of ...
3don MSN
Emails obtained by The Associated Press reveal Doug Burgum as North Dakota governor catered to the whims of oil and gas ...
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
Trump said Friday the levy on oil would "probably" be set at 10 per cent as opposed to the 25 per cent tariffs on other goods ...
A court has ruled that consent for two new Scottish oil and gas fields was granted unlawfully and their owners must seek ...
U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...
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