Latest in Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices 6% lower
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Oil price plunge puts US shale production in peril
Trade war and Opec output surge create toughest challenge since the Covid-19 pandemic, executives sayFinancial Times - 7h -
Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.CNBC - 2h -
The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble
The countries of the GCC — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world's proven crude oil reserves.CNBC - 1d -
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 2d -
Oil drops further as fears of global recession rise
Trump welcomes fall in oil price as he signals he is pushing ahead with sweeping tariffsFinancial Times - 2d -
U.S. crude rallies more than 4% after Trump lowers tariffs for countries except China
Traders have been worried the world is descending into a full-blown trade war that will trigger a recession, hitting crude oil demand.CNBC - 15h -
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.The New York Times - 2d -
Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence
Crude prices climbed back above $60 a barrel as investors breathed a sigh of relief.The New York Times - 15h -
U.S. crude oil closes below $60 per barrel as selloff continues on fears of full-blown trade war
The market faces a "toxic cocktail" of recession fears and the decision by OPEC+ to increase production, said Helima Croft with RBC Capital Markets.CNBC - 1d -
Trump touts falling oil prices, borrowing costs. Experts say they're warning signs.
Oil prices and treasury yields plummeted recently as tariffs roiled markets.ABC News - 1d -
‘Wait, Baby, Wait’: Slumping Oil Prices Reflect Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.The New York Times - 5d -
Oil Production Slides and Job Cuts Rise as Tariff Costs Bite
The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.Inc. - 1d -
How much could Trump's tariffs hike the price of your wine and whisky?
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.CBS News - 1d -
Trump Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’
President Trump’s tariff polices have sent oil prices falling, which may push energy companies to reconsider their plans to drill.The New York Times - 1d -
What Trump’s return to ‘maximum pressure’ means for Venezuelan oil
The US president’s moves pose a major challenge to crude production in the South American nationFinancial Times - 2d -
Trump Spared Russia From Tariffs, but the Shockwaves Could Bite Even More
President Trump’s trade war is lowering oil prices, which could prove more damaging to the Russian economy than the penalties the United States and its allies have already imposed.The New York Times - 2h -
Oil Executives Refrain From Publicly Criticizing Trump or His Tariffs
Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everybody’s afraid.’The New York Times - 1d -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 6d -
Wonder drug or waste of money? The truth about fish oil supplements
We asked experts on what are the benefits and risks of taking the highly touted supplement. This is what they said. Fish oil is a perennial wellness topic, partly because there’s so much ...The Guardian - 2d -
Los Angeles Basin has little untapped oil left: USGS
Only minimal amounts of untapped oil and gas resources remain in the historic Los Angeles fossil fuel production basin, according to the U.S. Geological Survey (USGS). New estimates released by ...The Hill - 17h -
Green activist group is pausing work after backlash by investors
Dutch group Follow This says it will not file any resolutions against oil and gas companies this AGM season. A green shareholder activist group has decided to “pause” its work pushing oil companies ...The Guardian - 4h -
China consumer prices decline for a second straight month; producer deflation deepens
The data also comes as U.S. President Donald Trump boosted tariffs on Chinese imports to 125% overnight, up from his earlier figure of 104%.CNBC - 5h -
Greenpeace raises threat of new legal challenge to UK oil and gasfields
Developers will have to reapply for consent for Rosebank and Jackdaw projects after landmark Finch rulingFinancial Times - 3d -
Keystone oil pipeline shut down after "mechanical bang" reported
An employee on a pump station heard what was described as a mechanical bang early Tuesday morning, an official told CBS News.CBS News - 1d -
UK investigating claims green fuel contains virgin palm oil
The BBC finds evidence of fraud in the production of a "green" diesel meant to cut emissions.BBC News - 1d -
Switch 2 forecast lowered, but it could still fastest-selling console ever | DFC
DFC Intelligence, a game analyst firm with decades of experience, said it is lowering its Switch 2 unit sales forecast due to pricing concerns.VentureBeat - 1d -
Apple's highest-end iPhone could see $350 price hike in U.S. on Trump tariffs, analyst predicts
UBS sees iPhone prices going up, a concern that is shared by investors and customers due to President Trump's tariffs.CNBC - 2d -
Trump tariffs: When consumers should expect inflation, price hikes to hit wallets
President Trump's tariffs mean inflation is on the way, and consumer prices will rise, but it won't be immediate based on how the global supply chain operates.CNBC - 17h -
'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey
CEOs expect a recession, price hikes and job losses as a result of President Trump's tariffs, according to a flash survey of CNBC CEO Council members.CNBC - 2d -
What next for climate activism now Just Stop Oil is ‘hanging up the hi-vis’?
After three years, thousands of arrests and a state crackdown on protests, the group is ending direct action after a polarising campaign. On the morning of Valentine’s Day 2022, Hannah Hunt stood ...The Guardian - 5d -
‘I thought: this is it. I’m going to die’: Music producer Itay Kashti on his kidnapping ordeal
As his attackers are jailed for eight years, Kashti speaks about resilience, recovery after being targeted in attack. As he lay on the floor of a remote Welsh cottage, having been battered by a ...The Guardian - 3d -
Turkey sees opportunity in tariff turmoil, finance minister says
Mehmet Şimşek argues cheaper oil can help rebuild foreign reserves and ease inflation after sell-off last monthFinancial Times - 2d -
Chippy apologises for prices as fish costs surge
A chippy in Gloucestershire explains how rising fish costs are pushing up the Friday night favourite.BBC News - 3d -
Trump’s Tariffs Hit a Sour Note at Landmark NYC Sweets Emporium
Price hikes to direct imports and packaging drive up costs at a New York City magnet for global candy fans.Inc. - 2d -
Pete Hegseth senior adviser is pushing for Pentagon to cut ties with Scouting America
Critics like the adviser, a former Fox News producer, say the group formerly known as the Boy Scouts is too woke. No decision has been made.NBC News - 20h -
Venezuela’s criminal state and the human wreckage it creates
The U.S. has imposed a 25 percent tariff on Venezuelan oil in response to Nicolás Maduro's refusal to take back deported Venezuelan migrants, and the tariff could lead to the regime's decline by ...The Hill - 2d -
Keystone pipeline shut down after rupture
The Keystone oil pipeline was shut down Tuesday morning after a rupture in North Dakota halted the flow from Canada to U.S. refineries. South Bow, which manages the pipeline, said it was shut down ...The Hill - 1d -
Despite Trump's fossil fuel embrace, some moves rankle industry
While President Trump has pledged to be a friend to the fossil fuel industry and taken steps intended to bolster it, several of his recent moves have garnered pushback from oil, gas and coal ...The Hill - 1d -
Gabon will hold its first presidential election since the 2023 military coup
The oil-rich central African nation of Gabon on Saturday will hold its first presidential election since a 2023 military coup ended a political dynasty lasting over 50 yearsABC News - 19h -
Manchester United to cut Alejandro Garnacho price to close Napoli deal
Manchester United appear to be pushing for Alejandro Garnacho’s transfer to Napoli this summer.While the Argentine has quickly risen through the ranks at Man United, becoming a regular part of ...Yahoo Sports - 1d