5 d. ago Shale Driller Diamondback Trims Output, Says US Oil Has Peaked

Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, is trimming its crude production guidance amid sinking oil prices brought on by President Donald Trump’s trade war and looming OPEC supply increases.

Other

1 week ago Oil Set for Historic April Selloff as Trade War Darkens Outlook

Oil headed for the worst April performance on record on signs that the US-led trade war is hurting economic growth and energy demand, and as an industry group flagged a rise in crude stockpiles.

Economics

1 week ago Drillers in Canada Shift to Gas as Trade War Hammers Oil Prices

Drillers in Canada’s energy heartland of Alberta are shifting their focus to natural gas as the global trade war and an OPEC+ plan to increase output hammer crude prices.

Economics

1 week ago Oil Ticks Higher With Trade War and China’s Outlook to the Fore

Oil ticked higher after a volatile week as traders parsed the latest signals in the trade war, prepared for details of how China aims to support its economy, and weighed geopolitical developments in Iran.

Economics

2 w. ago Energy Secretary Tries to Reassure US Oil Bosses Amid Trade War

Energy Secretary Chris Wright sought to reassure US oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump’s trade war is apt to be fleeting and the administration fully supports more crude output.

Politics

3 w. ago China pivots from U.S. to Canada for more oil as trade war worsens

Chinese refiners are importing record amounts of Canadian crude after slashing purchases of U.S. oil

Economics

3 w. ago Oil Steadies With Glut Expectations, Trade War Souring Outlook

Oil steadied after a modest decline on Tuesday as expectations for a glut, and the trade war between the world’s two biggest economies weighed on the demand outlook.

Economics

3 w. ago Global Oil Surplus to Persist in 2026 as Demand Sags, IEA Says

The International Energy Agency slashed forecasts for global oil demand this year amid the brewing trade war, and in its first detailed assessment of 2026 predicted a persistent supply surplus.

Other

3 w. ago OPEC Cuts Oil Demand Forecast for 2025 and 2026 on Trade War

OPEC cut forecasts for global oil demand growth slightly this year and next as President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other forecasters.

Economics

3 w. ago Oil Steadies With Trade War Shifts and Iran Talks to the Fore

Oil steadied above a four-year low as traders weighed the latest US moves in the trade war, as well as “constructive” weekend discussions between Washington and Tehran.

Economics

3 w. ago Oil Edges Lower With Trade War Risks and Iran Talks to the Fore

Oil fell as traders weighed the latest US moves in the trade war, as well as “constructive” talks between Washington and Tehran.

Economics

last month Oil’s Selloff Gathers Pace as Trade War Roils Global Markets

Oil headed for a second weekly loss as mounting disorder in global markets triggered by US President Donald Trump’s aggressive trade policy spurred concerns about a recession and a flight from risk.

Economics

last month Oil Heads for Weekly Decline as Trade War Roils Global Markets

Oil headed for a second weekly loss as mounting disorder in global markets triggered by US President Donald Trump’s aggressive trade policy spurred concerns about a recession and a flight from risk.

Economics