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European Union OPEC Newswire

  • Published on Apr 4, 2025

    Crude Oil Futures Slid Amid Escalating Trade War, New Tariffs

    The U.S. Dollar Index rose by 1.12%, settling at 102.920 against a basket of foreign currencies, including the euro, yen, pound, and Canadian dollar. China's Customs Tariff Commission said Friday it will impose a 34% tariff on all U.S. imports …

    Source: Progressive Farmer - Neutral
  • Published on Apr 4, 2025

    Oil Futures Slid to Multi-Year Lows, WTI Hits $61, Brent $65

    In contrast, the U.S. Dollar Index recovered from losses recorded Thursday, April 3, rising by 0.13% to 101.92 against a basket of foreign currencies, including the euro, Japanese yen, British pound, Canadian dollar, among others. China will impose …

    Source: Progressive Farmer - Neutral
  • Published on Apr 3, 2025

    Oil, metals, and crops hit as Trump’s tariffs threaten demand and economy

    Oil plunged and other commodities from industrial metals to grains slipped as President Donald Trump’s tariff onslaught ratcheted up a trade war that threatens to hurt the global economy and demand for raw materials. Gold fell from a fresh record high. The …

    Source: The Boston Globe - Massachusetts - Neutral
  • Published on Apr 3, 2025

    The Great Unwinding Begins At OPEC+ Amid Trump Tariff Hikes

    TOPSHOT - US President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs ... More during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington, DC, on April 2, 2025. Trump geared …

    Source: Forbes - Neutral
  • Published on Apr 4, 2025

    World equities tumble, oil slumps 7pc

    WASHINGTON: Wall Street led a global markets bloodbath pm Thursday as countries around the world reeled from President Donald Trump’s trade war, while the White House insisted the US economy will emerge victorious. The Dow Jones dropped more than three per …

    Source: Dawn - Center-left
  • Published on 18:01 GMT

    US tariffs may hurt sugar industry

    BACOLOD CITY — Stakeholders of the country's sugar industry expressed concern over the recent announcement of US President Donald Trump that he will be imposing a 17 percent reciprocal tariff on imported goods from the Philippines. Negros Occidental …

    Source: The Manila Times - Uncategorized
  • Published on Apr 3, 2025

    Oil Futures Plunged Nearly 5% Due to Tariffs, Ample OPEC+ Supply

    The U.S. Dollar Index continued its downward trend, dropping by 1.56% to 101.83 against a basket of foreign currencies, including the euro, Japanese yen, British pound, Canadian dollar, among others. The bearish sentiment in the oil futures market was …

    Source: Progressive Farmer - Neutral
  • Published on Apr 3, 2025

    Varcoe: Oil tumbles, global economic worries rise, as Alberta businesses face ricochet from tariff volley

    Breadcrumb Trail Links Business 'People will be wise to remain a bit tentative until the issue is fully laid to rest,' says Mike Belenkie, CEO of Advantage Energy Published Apr 03, 2025  •  Last updated 3 hours ago  •  5 minute read U.S. President …

    Source: Calgary Sun - Right-wing
  • Published on Apr 3, 2025

    Gold, oil, other commodities hit as Trump’s tariffs threaten demand and economy

    Breadcrumb Trail Links Investor Commodities were pressured despite a weaker dollar, which normally makes them more attractive to investors holding other currencies Author of the article: Bloomberg News Alex Longley, Priscila Azevedo Rocha and Grant Smith …

    Source: Financial Post - Center-right
  • Published on Apr 3, 2025

    Crude Oil Futures Plummeted 5% on Global Tariffs

    U.S. President Donald Trump announced Wednesday, April 2, a 10% baseline tariff for all countries effective April 5 and unveiled additional reciprocal tariffs on China and the European Union, excluding Mexico and Canada for now. During a conference at the …

    Source: Progressive Farmer - Neutral
  • Published on 17:39 GMT

    Trump's 'Liberation Day' Tariffs Disrupt Global Energy Markets

    (MENAFN- The Arabian Post) President Donald Trump's declaration of“Liberation Day” introduced sweeping tariffs on imports, triggering significant upheaval in global energy markets. The administration announced a baseline tariff of 10% on all imported …

    Source: MENAFN - Uncategorized
  • Published on Apr 3, 2025

    Oil Declines as Trump’s Wide-Ranging Tariffs Threaten Demand

    (Bloomberg) — Oil fell after US President Donald Trump rolled out stiff tariffs on major trading partners, including China and the European Union, that spared energy but ratcheted up a trade war that threatens global demand.Article content Brent crude …

    Source: Financial Post - Center-right
  • Published on Apr 2, 2025

    Oil Futures Rise Awaiting Tariffs, Brent Hits $75

    Distillate fuel stocks rose 300,000 bbl to 114.6 million bbl last week, according to the EIA, which was larger than the 11,000 bbl increase API estimated for the same week. The increase in crude and distillate inventory levels happened despite refinery …

    Source: Progressive Farmer - Neutral
  • Published on Apr 2, 2025

    Oil Futures Drop Following a Crude Stocks Build, Tariffs

    Downstream, API reported gasoline and distillate stocks declined 1.62 million bbl and 11,000 bbl, respectively, last week. The bearish tone in oil futures was supported by expectations of trade tension due to sweeping tariffs that the Trump administration …

    Source: Progressive Farmer - Neutral
  • Published on Apr 1, 2025

    Crude Oil Futures Fall on Trade War Expectations

    So far, the U.S. government has imposed 20% tariffs on imports from China, 25% on steel and aluminum from Canada and Mexico, 25% on imported goods from the European Union, and 25% on foreign car imports. The uncertainty about the effects of these tariffs …

    Source: Progressive Farmer - Neutral
  • Published on Apr 1, 2025

    Oil Futures Edge Up Amid Tariffs, Russian Oil Sanctions Outlook

    Maria Eugenia Garcia DTN Energy Editor HOUSTON (DTN) -- Crude oil futures edged up Tuesday morning ahead of the implementation of sweeping trade tariffs by the United States on all countries Wednesday, April 2, and supported by expectations of secondary …

    Source: Progressive Farmer - Neutral
  • Published on Apr 1, 2025

    Oil Prices Climb Amid Supply Fears and Geopolitical Tensions

    Oil prices continued their upward momentum on Tuesday as geopolitical tensions and potential supply disruptions took center stage. The market reacted strongly to U.S. President Donald Trump’s threats to impose secondary sanctions on Russian crude and take …

    Source: The News Chronicle - Neutral
  • Published on Apr 4, 2025

    Trump Tariffs Trigger Wall Street Bloodbath, S&P 500 Notches Worst Weekly Drop Since 2020: This Week In Markets

    Global markets plunged in the first week of the new quarter after President Donald Trump announced sweeping new tariffs on Wednesday—an event he dubbed "Liberation Day." Trump unveiled a set of retaliatory tariffs with differentiated rates …

    Source: Benzinga - Neutral
  • Published on Apr 4, 2025

    Wam, bam, thank you, ma’am

    April 4, 2025 Liberation Day, Wednesday, April 2, brought not one but two body blows to the offshore industry. First came the announcement of tariffs on virtually every commodity and goods used in the industry. That blow was followed by OPEC+ members …

    Source: WorkBoat - Neutral

02 days 04:50:46

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