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Trump Tariffs Could Hurt Oil Companies and Raise Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.The New York Times - 7h -
Trump says he'll impose tariffs on oil and gas imports next month
President Trump on Friday proposed significant new tariffs on multiple sectors of the economy.CBS News - 8h -
Trump vows sweeping tariffs on oil, pharmaceuticals and semiconductors
President Trump on Friday vowed to impose sweeping tariffs on semiconductor chips, pharmaceuticals, steel and aluminum and oil and gas. "We'll be doing pharmaceuticals. Importantly in drugs and ...The Hill - 8h -
Oil prices post weekly drop as outline of Trump’s tariff plans emerges
Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders awaited a tariff decision by President Donald Trump on crude imports ...MarketWatch - 10h -
Trump says 25% tariffs on Mexico and Canada may not include oil: 'Oil is going to have nothing to do with it as far as I’m concerned'
The president confirmed his long-threatened tariffs will come into effect on Saturday, and said they “may or may not rise with time.”CNBC - 14h -
Vertex Pharmaceuticals stock is soaring. The FDA just approved its potentially game-changing pain treatment.
Shares of Vertex Pharmaceuticals Inc. surged ahead of Friday’s market open after the Food and Drug Administration approved the company’s non-opioid pain treatment.MarketWatch - 21h -
Canada warns Trump’s tariffs could leave US reliant on Venezuela’s oil
Foreign minister Mélanie Joly holds meetings in Washington in attempt to avert trade warFinancial Times - 1d -
Trump says he might exclude oil from tariffs on Canada and Mexico
US president intends to impose penalties on trading partners as soon as this weekendFinancial Times - 1d -
Trump digs in on tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump warns Canada, Mexico of looming tariffs President Trump said Thursday that he ...The Hill - 1d -
Oil ends higher as traders weigh tariff uncertainty, await next move from OPEC+
Oil futures finished higher Thursday as traders continued to weigh the possibility that President Donald Trump will implement tariffs on Canada and Mexico.MarketWatch - 1d -
Kennedy and Sanders clash over pharmaceutical campaign donations
Robert F. Kennedy Jr. and Sen. Bernie Sanders clashed after Kennedy accused most Senate HELP Committee members of taking millions from the pharmaceutical industry to protect its interests. Sanders ...NBC News - 1d -
Trump calls for tariffs on computer chips, semiconductors and pharmaceuticals from Taiwan
Donald Trump called for tariffs on foreign computer chips, semiconductors, and pharmaceuticals from places like Taiwan in the near future.VentureBeat - 4d -
Chemical, oil industry vets nab roles at EPA
Presented by American Petroleum Institute — A significant number of political appointees who have joined the Environmental Protection Agency (EPA) under President Trump used to work for or have ...The Hill - 4d -
Trump packs EPA with chemical, oil industry alumni
A significant number of political appointees who have joined the Environmental Protection Agency (EPA) under President Trump used to work for or have lobbied on behalf of the chemical and fossil ...The Hill - 4d -
Oil prices end lower on Trump’s tariff talk, concerns over AI-related power demand
Oil futures settled lower on Monday, as the Trump administration’s ongoing tariff threats and their potential economic impact, along with concerns over the potential for a slowdown in AI-related ...MarketWatch - 4d -
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.The New York Times - 4d -
The many unacceptable risks of Trump's oil obsession
investors that comprise the nation's fossil fuel sector. In normal circumstances, Trump's influence would be limited because another president will replace him in four years. But climate change ...The Hill - 4d -
Coffee, crude oil, cut flowers: The Colombian goods you may be paying more for under Trump’s tariffs
President Donald Trump’s newly announced tariffs on goods from Colombia could drive up the price of some items Americans buy every day.NBC News - 5d -
Coffee, crude oil and cut flowers: Here are the Colombian goods you may be paying more for under Trump's tariffs
The emergency tariffs announced by President Donald Trump would impact billions of dollars of goods entering the U.S.CNBC - 5d -
Trump Stocks E.P.A. With Oil, Gas and Chemical Lobbyists
Top political appointees are already at the E.P.A. preparing to erase the agency’s climate rules and pollution controls. Many of them have tried it before.The New York Times - 6d -
Ukraine claims drone strike on Russian oil refinery
Russia says it shot down more than 120 drones overnight, in what would be one of the largest attacks of the war.BBC News - Jan. 24 -
Chevron to Increase Output at Huge Oil Field in Kazakhstan
The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day.The New York Times - Jan. 24 -
Trump's tariff deadline
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump stares down Feb. 1 tariff deadline President Trump promised steep tariffs ...The Hill - Jan. 23 -
Trump urges oil-exporting nations to slash prices
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.BBC News - Jan. 23 -
Dimon defends Trump tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story ‘Get over it’: Dimon defends Trump on tariffs JPMorgan Chase CEO Jamie ...The Hill - Jan. 23 -
Oil ends at a nearly 2-week low as traders weigh Trump tariff threats, energy policy
Oil futures ended Wednesday at their lowest in almost two weeks, with U.S. benchmark prices notching a fourth straight session decline as investors weighed the potential impact of President Donald ...MarketWatch - Jan. 22 -
Why are you being told to avoid seed oils?
Most claims about the dangers of seed oils tend to focus at least in part on inflammation — more specifically, that seed oils contain large amounts of omega-6s relative to omega-3s.NBC News - Jan. 22 -
Oil ends lower as Trump’s output and tariffs plans fuel supply uncertainty
Oil futures ended lower on Tuesday as traders weighed prospects for crude supplies after President Donald Trump vowed to boost already record U.S. crude output, threatened to implement a steep ...MarketWatch - Jan. 21 -
U.S. crude oil falls as Trump weighs tariffs, aims to boost energy production
Oil prices are down as Trump moves to implement his trade and energy agenda.CNBC - Jan. 21 -
Biden’s overdue sanctions on Russian oil are a slap at Trump
Oil prices are rising, and you can thank Joe Biden.The Hill - Jan. 17 -
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.CNBC - Jan. 16 -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - Jan. 16 -
Has China already reached peak oil?
The country’s demand for crude seems to be plateauing sooner than expected. The implications are hugeFinancial Times - Jan. 16 -
Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil
U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil ...MarketWatch - Jan. 13 -
Iran Races to Sell Oil Stored in China
Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.The Wall Street Journal - Jan. 11 -
US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - Jan. 11 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6