Tariffs on crude oil — or witholding it entirely — in response to Trump's threats would cause pain on both sides of the ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

He added that the exact impact of tariffs on gas prices will likely be muddied by the annual spring price increase thanks to ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United ... $2 less per barrel than last week’s level. Gasoline inventories rose this week by 1.89 million ...

New 25% tariffs on Canadian and Mexican oil imports may increase U.S. gasoline prices by up to 70 cents per gallon.

Oil products- Higher in Q4, lower in 2024 Refineries process crude oil into petroleum products, including gasoline and distillates. The CME’s NYMEX division trades futures contracts in gasoline ...

The recent decision by U.S. President Donald Trump to levy tariffs on oil imports from Canada and Mexico may lead to ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico. By Rebecca F. Elliott Oil and gas ...

February WTI crude oil (CLG25) Wednesday closed up +2.54 (+3.28%), and February RBOB gasoline (RBG25) closed up +0.0543 (+2.58%). Crude and gasoline prices rallied sharply Wednesday, with crude ...