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At Close: Jun 08, 2026
US oil service firms set for hit from Trump tariffs, tumbling oil prices
02:00pm, Friday, 04'th Apr 2025
U.S. oilfield service firms are bracing for a hit as President Donald Trump's tariffs throw supply chains into disarray and tumbling oil prices set the stage for a drop in drilling activity, analysts
Seeking to punish cheaters, Saudi Arabia pushes OPEC+ to open oil taps
01:46pm, Friday, 04'th Apr 2025
Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ oil group to open taps on Thursday and might not be reversed even if oil pri
U.S. energy secretary's former company crushed by oil sell-off after Trump tariff escalation
11:18am, Friday, 04'th Apr 2025
Liberty Energy shares tumbled over 30% in just two days, as the oilfield services company founded by President Trump's Energy Secretary Chris Wright comes under heavy selling pressure. The price of be
Energy prices sink over tariffs and OPEC announcement
11:15am, Friday, 04'th Apr 2025
CNBC's Pippa Stevens joins 'Squawk on the Street' to discuss what's driving energy prices.
Oil falls to lowest level in more than three years amid recession fears, OPEC+ production hikes
10:52am, Friday, 04'th Apr 2025
President Trump's tariffs have raised fears of a recession just as projections for global oil supply have jumped.
OPEC is still holding a lot of the cards, energy analyst says
10:09am, Friday, 04'th Apr 2025
OPEC has a number of options at its disposal if oil markets sink further, says Saul Kavonic, head of energy research at MST Marquee.
Oil Prices Hit Four-Year Low on OPEC Announcement
09:15am, Friday, 04'th Apr 2025
Oil prices have fallen to a four-year low due to a surprise output increase by OPEC+ and escalating global trade war. Brent prices are down 13% in two days - heading below $65 a barrel.
Crude Oil Price Outlook – Crude Plunges Again on Friday
08:55am, Friday, 04'th Apr 2025
The crude oil market has fallen hard again on Friday, as the markets continue to look at the very real possibility of a global recession in the near future. With this, the market has broken a major th
Slumping Oil Prices Reflect Intensifying Economic Worries
08:42am, Friday, 04'th Apr 2025
Fears that President Trump's tariffs could slash global economic growth — and demand for oil as a result — were weighing on the market.
Oil News: Crude Sinks 8% on Tariff War Fallout and Bearish Outlook
08:12am, Friday, 04'th Apr 2025
Crude dives 8% as U.S.-China tariff war escalates; rising OPEC output and weak demand weigh on the oil outlook amid growing recession fears.
Slumping oil prices reflect intensifying economic worries.
07:54am, Friday, 04'th Apr 2025
Oil prices continued to fall on Friday, extending Thursday's sharp drop. Brent crude, the international benchmark, traded at its lowest level in more than three years, below $65 a barrel, a fall of al
Oil majors suffering from OPEC+ output hike, not from U.S. tariffs, Eni exec says
06:21am, Friday, 04'th Apr 2025
Oil majors are suffering after eight OPEC+ countries unexpectedly agreed to increase oil output in May, while tariffs imposed by U.S. administration had a muted effect on the sector, Eni's top executi
Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
05:26am, Friday, 04'th Apr 2025
The oil price outlook is being hit with more bearish forecasts on the back of U.S. President Donald Trump's sweeping and market-hammering tariff announcements. Markets were therefore stunned when OPEC
Food Prices Flat in March as Vegetable Oil Increases Offset Falls Elsewhere, UN Says
04:49am, Friday, 04'th Apr 2025
The Food and Agriculture Organization index was broadly unchanged on February's level but remains up 6.9% on year.
BP Chair Helge Lund to Step Down Amid Push for Changes at Oil Major
03:08am, Friday, 04'th Apr 2025
The British energy company said Lund is likely to step down sometime next year, as activist investor Elliott Management pushes for changes at the British oil major.
