NYSE:BNO

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$51.89
+0.690 (+1.35%)
At Close: Jun 08, 2026
A meeting of eight top ministers of OPEC+ will likely keep oil output policy that calls for gradual oil output hikes from April unchanged, two OPEC+ sources said on Thursday.
Oil prices fell after US President Donald Trump rolled out tariffs on major trading partners, including China and the European Union. Oil, natural gas and energy products are among exempted goods, th
WTI crude dropped near $69 after a 6M barrel inventory build. Can demand recover amid geopolitical tensions and rising Canadian imports?
WTI crude oil has hit the resistance at $72.50, while natural gas remains bullish within its upward price structure.
Oil slid in the morning Asian session as President Trump's tariff announcement sparked fears of a global economic slowdown that could reduce oil demand.

Oil imports exempted from Trump's sweeping tariffs

06:22pm, Wednesday, 02'nd Apr 2025
Imports of oil, gas and refined products were exempted from U.S. President Donald Trump's sweeping new tariffs, the White House said on Wednesday.
Oil markets are moving higher as traders bet on tight supply.
Former Trump Energy Secretary Dan Brouillette analyzes President Donald Trump's plan to impose a 'secondary tariff' on Venezuelan oil on 'Varney & Co.' #foxbusiness #varney
Gasoline inventories fell by 1.6 million barrels from the previous week.
The oil market continues to see a lot of overhead resistance at the moment, but I still think this is a situation where we are still buyers of dips going forward.
Rising U.S. trade tensions and looming OPEC+ talks drive volatility in oil and gas markets, with WTI holding near $71 and Natural Gas near $3.95.
Oil prices steadied on Wednesday after falling in the previous session on concerns new U.S. tariffs set to be unveiled later in the day may deepen a global trade war that could limit crude demand.
Oil futures edge lower in the early Asian session as traders brace for President Trump's so-called “Liberation Day” tariff announcement due later today.

Why oil could fall to $60 a barrel

07:09pm, Tuesday, 01'st Apr 2025
Oil (CL=F, BZ=F) prices are expected to dip to the low $60-per-barrel range, similar to levels seen in 2021, as oversupply continues to plague the market. Macquarie Group global energy strategist Vika
Asking for a Trend anchor, Josh Lipton breaks down the market trends for April 1, 2025. Oil prices dip as tariff concerns and geopolitical pressures weigh on oil markets.
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