(Bloomberg) -- Oil posted its third straight weekly decline as concerns that US President Donald Trump’s tariffs on China will sap demand outweighed his first round of sanctions against Iran.

said the decline was primarily because of a 13% fall in the average rand Brent crude oil price per barrel, as well as a significant drop in refining margins and fuel price differentials.

PARIS, Feb 5 (Reuters) - French oil major TotalEnergies (TTEF.PA), opens new tab reported a 15% drop in fourth quarter earnings on Wednesday, closing out a year marked by low oil prices and weak ...

French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude prices and weak fuel demand. The oil and gas giant posted full-year 2024 ...

Oil futures slide as China retaliates, raising concerns of a bearish breakdown below $70.83, with $67.00-$65.00 in focus. A stronger U.S. dollar and potential yuan devaluation add pressure to ...

(Bloomberg) -- Oil fell to its lowest closing price of the ... geopolitical outburst juices prices again.” Wednesday’s drop followed a report that the Trump administration will unveil plans ...

The move followed the initial decision in 2017 to drop engine displacement monikers in favour of a two-digit number signifying grouped power outputs. ALSO READ: Audi scrapping confusing “power ...

Oil headed for a third weekly decline as worries that President Donald Trump’s tariffs on China will sap demand outweighed the new US administration’s first round of sanctions against Iran. West Texas ...

Oil exporting countries under the OPEC recorded 26.53 million barrels per day in January 2025, 50,000 bpd less than the figures reported the previous month. The report shows that it was largely ...