(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 ...
Oil prices post weekly drop as outline of Trump’s tariff plans emerges U.S. benchmark crude ends nearly 3% lower for the week Last Updated: Jan. 31, 2025 at 3:30 p.m. ET First Published: Jan. 31 ...
U.S. benchmark crude ends nearly 3% lower for the week 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 ...
:Oil prices fell on Wednesday, with the U.S. benchmark touching a multi-week low after crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week.
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 ...
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 2.0 million barrels from the week ending January 3 to the week ending January 10 ...