Monday, 12 May 2025 () Oil prices surged Monday morning after the US and China agreed to cut tariffs as part of a temporary trade truce. West Texas Intermediate and Brent Crude both experienced significant percentage increases following the announcement of the trade agreement. While the tariff reduction is seen as a positive step for the oil market, analysts warn that lasting impacts depend on broader US policies toward China. 1m ago 9:50am CST CPC Blend Oil Exports Dip as Kazakhstan Reaffirms OPEC+ Commitment Black Sea CPC Blend oil exports through the Caspian Pipeline…
Amid intensifying trade tensions with the U.S., China has cut its crude oil imports from Washington by 90%, turning instead to Canada as a key supplier. Bloomberg reports record shipments from Canada's..
Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s..
The Trump Economic Policy is making waves in global trade. President Donald Trump has announced a 25% tax on Venezuelan oil, ensuring a stronger push for domestic energy reliance. Under the Trump..
Monday, 12 May 2025 ()
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