Us Benchmark Oil Prices End Lower As China Trade Dispute Fuels Demand Concerns
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Oil prices settle lower as IEA warns that trade tensions will undercut demand
Oil futures settled lower on Thursday after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.MarketWatch - 15h -
Oil prices resume slide, ending lower as tariff fears spark stock-market tumble
Oil futures ended lower Monday, dragged down by fears rising global trade tensions could spark a recession or a slowdown as U.S. equities suffered their worst day of 2025.MarketWatch - 3d -
Oil prices end higher as a rise in gasoline demand helps ease economic growth fears
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline ...MarketWatch - 1d -
Oil ends higher, a day after tariff-induced recession fears pulled prices to 6-month lows
Oil futures finished higher Tuesday, a day after ending at six-month lows as fears of a global economic slowdown from rising trade tensions prompted a global selloff for equities and other assets ...MarketWatch - 2d -
US oil tanker and Portuguese cargo ship collide in North Sea
A Portuguese cargo ship struck an oil tanker that was carrying fuel for the U.S. military off the English coast on Monday, sparking explosions, a frantic rescue mission and concerns of a possible ...NBC News - 2d -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - 5d -
China, Russia and Iran call for end to US sanctions and the restart of nuclear talks
Representatives of China, Russia and Iran called for an end to U.S. sanctions on Iran over its rapidly advancing nuclear program and a restart to multinational talks on the issueABC News - 3h -
US airlines’ warnings of lower demand cast shadow over economic outlook
American, Delta and Southwest trim financial guidance on corporate and consumer softnessFinancial Times - 2d -
Tariffs on China could raise wedding dress prices for American brides
American brides are facing the impact of the trade war, as tariffs on imports from China threaten to raise the cost of wedding gowns. Janet Shamlian reports.CBS News - 2d -
EU braces for higher prices as US trade war ramps up
For consumers, higher prices loom on supermarket shelves, but for businesses and industry the risks are higher.BBC News - 1d -
China says it’s willing to cooperate with the U.S. on fentanyl
China is willing to do more to address U.S. concerns about illicit fentanyl trade, an official from the Ministry of Foreign Affairs told reporters Wednesday.CNBC - 1d -
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.CNBC - 1h -
WATCH: Container ship collides with anchored US oil tanker sparking inferno
A cargo ship collided with an anchored U.S. tanker carrying jet fuel off the east coast of England in the North Sea on Monday, causing a massive fire and fuel spill, officials said.ABC News - 3d -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 2d -
Trump’s ‘drill, baby, drill’ agenda could keep the world hooked on oil and gas
The US president is making energy deals with Japan and Ukraine, and in Africa has even touted resurrecting coal. Donald Trump ’s repeated mantra of “ drill, baby, drill ” demands that more oil and ...The Guardian - 1d -
US says Ukraine 'ready to move forward' on truce demand
Ukraine is under US pressure to accept a quick truce to end the war with Russia, with US-Ukrainian talks set to begin in Saudi Arabia.BBC News - 4d -
China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says
Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.CNBC - 1d -
US stock futures inch higher after selloff amid recession concerns
Dow futures traded up 156 points, or about 0.36%.ABC News - 2d -
China returns fire in Trump’s trade war
Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still funFinancial Times - 4d -
Trump’s energy chief says US shale can ‘drill, baby, drill’ at low oil price
Chris Wright claims industry can raise output even if crude falls to $50 a barrel as administration has suggestedFinancial Times - 4d -
China hits US farm goods with tariffs as trade war escalates
Beijing’s retaliatory measures target $22bn of agriculture products as well as timberFinancial Times - 4d -
Delta Says Economic Worries Are Hurting Travel Demand
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.The New York Times - 3d -
Airline stocks fall as possible economic 'soft patch' raises demand concerns
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.NBC News - 2d -
Treasury yields end lower as tariff fight intensifies and government shutdown looms
Bond yields finished lower Thursday, as investors faced the prospect of a potential U.S. government shutdown and Treasury Secretary Scott Bessent said the White House was more focused on the ...MarketWatch - 15h -
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - 3d -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - 3d -
US energy industry’s climate retreat is putting profits over people, advocates say
Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in Texas. At a major oil and gas conference in Texas this week, companies publicly retreated from their ...The Guardian - 1d -
Canada files WTO complaint over US steel, aluminum tariffs
Canada has filed a complaint with the World Trade Organization (WTO), asking it to dispute consultations with the U.S. regarding the tariffs on certain aluminum and steel products coming from ...The Hill - 13h -
NOAA braces for mass layoffs, fueling concerns about lifesaving weather services
NOAA is preparing to lay off more than 1,000 workers as part of the Trump administration's mandate for agencies to prepare "reductions in force," according to sources.ABC News - 1d -
US-flagged oil tanker collides with container ship in North Sea
A U.S.-flagged oil tanker has collided with a Portuguese container ship in the North Sea, north of England, with both ships catching on fire, according to officials.ABC News - 3d -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 4d -
US Coast Guard investigates fuel spill off the tiny Puerto Rican island of Vieques
The U.S. Coast Guard is investigating a fuel spill off the tiny Puerto Rican island of Vieques, which is popular with touristsABC News - 5d -
Congress keeps a distance on Trump’s tariff rate disputes
President Trump's tariffs on Canada and Mexico, as well as his exemption of North American trade agreement-protected goods, has led to a hands-off approach from Congress, which has been reluctant ...The Hill - 21h -
Dalai Lama says his successor to be born outside China
The Dalai Lama’s successor will be born outside China, the spiritual leader of Tibetan Buddhism says in a new book, raising the stakes in a dispute with Beijing over control of the Himalayan region ...NBC News - 3d -
Dalai Lama says his successor will be born outside China in the ‘free world’
New book by spiritual leader of Tibetan Buddhism will raise the stakes in a dispute with Beijing over control of Tibet. The Dalai Lama’s successor will be born outside China, the spiritual leader ...The Guardian - 3d -
India approves legislation to boost oil and gas exploration
‘Far-reaching’ amendments to 1948 law highlight reluctance to wean world’s most populous nation off fossil fuelsFinancial Times - 1d -
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.CBS News - 3d -
Democrats Demand Answers on DOGE’s Use of AI
Members of the House Oversight Committee sent dozens of requests to federal agencies on Wednesday about their use of AI software—and how Elon Musk could benefit.Wired - 1d -
Puma’s stock dives to near 9-year low as ‘trade disputes’ hit sales of sports apparel
Shares of Puma tumbled to a near nine-year low on Wednesday after the German sportswear group warned that geopolitical tensions and trade uncertainty would contribute to another year of weak growth.MarketWatch - 1d -
Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - 4d