Crude oil prices moved lower earlier today while traders took a step back to assess the situation and how deeply Trump’s tariffs would affect economic growth prospects and the global oil demand ...

President Trump's wish to bring down oil prices has so far gone his way, with crude oil futures hovering near four-year lows. And some on Wall Street think prices have a lot further to fall before ...

In an already oversupplied global oil market, this isn’t good news for producers, who have seen a slump in prices. And, in case you forgot, the U.S. is the biggest oil producer in the world and ...

Oil prices have been on the mend this week after ... Nigeria is also vulnerable with regard to Treasury bills tied to the local currency in carry trades, betting that the naira will not depreciate ...

Global oil markets are facing turmoil due to Trump's tariff policies and OPEC+'s surprising decision to increase supply, leading to declining prices. This situation is further complicated by ...

The tariff rollercoaster ride that US President Donald Trump has taken the global economy on over the past few weeks has had a significant impact on one key commodity in particular: oil. While the ...

Oil prices continue to slide, deepening the losses seen last week as concerns over global trade tensions and a growing oil supply weighed on market sentiment. U.S. West Texas Intermediate (WTI ...

It is a benchmark for the Oil market and WTI price is frequently quoted in the media. What factors drive the price of WTI Oil? Like all assets, supply and demand are the key drivers of WTI Oil price.

But macroeconomic headwinds likely will limit any oil price recovery despite some optimism around potential tariff rollbacks, while rising U.S. crude inventories suggest ample supply, George Pavel ...

which saw Brent Crude prices dip below $60 per barre, was an excessive market reaction to the U.S. tariffs, with speculators assuming there would be no growth in oil demand due to recession fears ...

Commerce Adviser Sk Bashir Uddin has said traders cannot announce a price increase before the final decision is made by the government, calling the move illegal. Speaking to reporters after a meeting ...

Further upside for oil prices might be capped due to uncertainties over U.S. tariffs and ample global supplies in the near term, in part due to larger than anticipated output increases from OPEC ...