Oil prices rise on Trump’s sanction threat on Russia
Digest more
Crude futures fell over 2% Thursday as traders reacted to fresh tariff threats from U.S. President Donald Trump, raising alarms over future oil demand in key growth markets.
Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy Agency (IEA) despite tightness in the prompt market, in addition to tariff concerns and possible further sanctions on Russia.
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about hiking prices.
Oil prices are set to end the week higher after Trump delayed his tariffs and the Houthis sunk ships in the Red Sea.
Oil prices steadied in early trading on Friday following a 2% drop in the previous session that was driven by U.S. President Donald Trump's new tariffs, expected to hurt economic growth, and a cut to OPEC demand forecasts.
If the Trump administration's decisions on ecomonic sanctions moving forward are consistent with the harsher-than-expected tariff rates we've seen announced this week, then there is a "small but poten
Oil prices steadied in Asian trading on Friday after sharp losses the previous day, as investors assessed new U.S. tariff threats and closely watched signals from OPEC+ on future supply levels. Brent crude futures
The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter.
US stocks (^GSPC, ^IXIC, ^DJI) slipped on Monday after recent highs, with renewed trade tensions reminding investors that tariff uncertainty is far from over. Yahoo Finance Senior Reporter Allie Canal joins Asking for a Trend to go over the top takeaways from the trading day: the return of tariff tensions,
Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than-expected OPEC+ output hike for August and fresh concerns about the potential impact of U.S. tariffs.