Tag #Oil Prices

Showing 253 to 264 of 323 results

theglobeandmail.com
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U.S.-China Trade War Triggers Crude Oil Price Drop

On Tuesday, July 11, 2023, escalating U.S.-China trade tensions caused crude oil prices to fall: WTI crude dropped 2.77% to $71.13 a barrel, while Brent crude fell 1.86% to $74.55. China imposed retaliatory tariffs, including a 10% levy on U.S. crude oil, while the U.S. delayed tariffs on Mexico and...

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48% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Trump Tariffs Send Oil Prices Higher

President Trump's new tariffs on Canada, Mexico, and China, effective February 4th, caused Brent crude futures to rise 2% to $77.22 and U.S. West Texas Intermediate crude futures to increase 3% to $74.72, raising concerns about potential supply disruptions and higher gasoline prices.

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48% Bias Score

Affordable and Clean Energy
forbes.com
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Trump's Potential Oil Tariffs: Economic Impacts and Global Implications

President Trump may impose tariffs up to 25% on oil imports from Canada and Mexico on February 1st, potentially impacting U.S. gasoline prices and Canada's GDP, although the final decision remains uncertain.

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36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Global Markets Mixed After Earnings, Rate Cuts, and Tariff Concerns

Global markets saw mixed reactions following recent corporate earnings reports and central bank actions; tech stocks rose after Microsoft and Meta releases, while Rogers Communications reported lower-than-expected wireless subscriptions due to pricing competition and immigration decrease; oil prices...

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32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Oil Prices Dip Amid Rising Inventories and Resumed Libyan Exports

Global oil prices experienced a slight decline on Wednesday due to increased U.S. crude oil inventories and resumed Libyan oil exports, but concerns remain about potential U.S. tariffs on Canadian and Mexican oil imports, impacting approximately 4.6 million barrels per day.

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44% Bias Score

Affordable and Clean Energy
tass.com
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Obstacles to Increased US Oil Production and Price Drop

Kyle Shostak of Navigator Principal Investors stated that achieving US President Donald Trump's goal of significantly increasing hydrocarbon production will be extremely difficult due to high production costs ($89/barrel needed vs. current $74/barrel) and the limited supply of Russian and Iranian oi...

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36% Bias Score

Affordable and Clean Energy
forbes.com
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Trump's Oil Price Strategy Faces Uphill Battle

President Trump's plan to lower oil prices to pressure Russia faces obstacles due to U.S. shale producers' focus on maximizing profitability and OPEC+'s unwillingness to increase production, despite Lt. General Kellogg's proposal to reduce oil prices to $45 per barrel.

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48% Bias Score

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nbcnews.com
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Trump's Oil Tariffs to Hike Gas Prices for U.S. Consumers

President Trump's new tariffs on Canadian and Mexican oil imports, ranging from 10% to 25%, will increase gasoline prices for U.S. consumers, disrupting established energy trade and potentially impacting the East Coast's fuel supply, despite efforts to ease the impact on Canadian oil.

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36% Bias Score

Reduced Inequality
theguardian.com
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Shell Gives Investors Multibillion-Dollar Windfall Despite Falling Profits

Shell reported $23.7bn in profit for 2024, lower than expected but still leading to a 4% dividend increase and $3.5bn in share buybacks, despite falling oil and gas prices and Greenpeace criticisms of their environmental impact.

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52% Bias Score

Climate Action
theglobeandmail.com
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Oil Prices Stable Amidst Looming U.S. Tariffs on Canadian and Mexican Oil

On Thursday, oil prices remained relatively unchanged at $76.48 per barrel for Brent crude and $72.46 for U.S. crude, primarily due to investor concerns surrounding potential U.S. tariffs on oil imports from Canada and Mexico, the U.S.'s two largest crude suppliers.

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36% Bias Score

Affordable and Clean Energy
faz.net
🌐 75% Global Worthiness
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Lower Oil Prices Reduce German Gasoline Costs

Lower Brent crude oil prices, around $77 per barrel compared to over $82 recently, have reduced gasoline prices in Germany, although this is influenced by multiple factors including geopolitical tensions, investor sentiment, and the potential impacts of Donald Trump's policies.

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16% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Oil Prices Edge Higher Despite Weak Demand

Global oil prices saw a slight increase on Tuesday, with Brent crude at $77.63 and WTI at $73.66 per barrel, despite being near two-week lows due to weak Chinese economic data and warmer US temperatures; however, disruptions to Libyan oil exports, affecting 450,000 barrels per day, offered some supp...

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36% Bias Score

Climate Action

Showing 253 to 264 of 323 results