$429.81
+15.11 (+3.64%)
At Close: Jun 08, 2026
Trump's Tariff Turmoil Has Oil Prices So Low That It's Not Always Profitable to Drill
01:16pm, Monday, 07'th Apr 2025
Oil prices fell to their lowest level in years on Monday as worries about the reciprocal tariffs President Donald Trump announced last week continued to ripple through global markets.
Oil slumps to $60 a gallon — lowest price since 2021 — as recession fears mount
01:11pm, Monday, 07'th Apr 2025
Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC's recent surprise supply hike could cause a surplus.
Gas prices could fall as crude oil plummets, expert says
11:41am, Monday, 07'th Apr 2025
Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.
OPEC March oil output falls on Venezuela, Iran losses amid sanctions
11:33am, Monday, 07'th Apr 2025
OPEC oil output fell in March ahead of a scheduled output hike, a Reuters survey found, as Nigeria curbed deliveries to domestic refineries and Iranian and Venezuelan supply dropped on renewed U.S. at
Crude Oil Price Outlook – Crude Oil Continues to See Pressures on Monday
09:44am, Monday, 07'th Apr 2025
The Monday session has been ugly for the oil market, but at this point in time, the market is trying to turn things around and show signs of support. Regardless, this is still a market that is probabl
The potential for oil to overshoot to the downside is pretty significant: Carlyle's Jeff Currie
08:29am, Monday, 07'th Apr 2025
Jeff Currie, Carlyle chief strategy officer of energy pathways, joins 'Squawk Box' to discuss the impact of President Trump's sweeping new tariffs on the energy sector, latest oil price trends, impact
Russian Urals oil prices fell to the lowest level since 2023 as Brent price collapsed
07:40am, Monday, 07'th Apr 2025
Russian Urals oil prices fell to the lowest levels since 2023 as international benchmark Brent prices collapsed amid escalating trade tensions between the U.S. and China following the tariffs policy a
Oil News: Futures Slide to 2021 Lows as Demand Slows, Tariff Risks Rise
05:58am, Monday, 07'th Apr 2025
Oil futures drop to 2021 lows as U.S.-China trade war revives recession fears, with weak Asia demand and OPEC supply growth pressuring crude prices.
Natural Gas and Oil Forecast: OPEC+ Supply Hike Fuels Bearish Oil Outlook
02:18am, Monday, 07'th Apr 2025
OPEC+ plans a 411,000 bpd supply boost in May, deepening crude price declines amid recession fears and bearish natural gas momentum.
Oil Prices Fall as Aramco Lowers Crude Price, Trump Trade Concerns Continue
02:05am, Monday, 07'th Apr 2025
Oil tanked for a third straight day after Saudi Aramco lowered Arab Light crude to the biggest buyers in Asia more than expected for May, and the escalating trade war spurred concerns about a global
Oil Prices Tumble Further as Trump's Tariffs Weigh on Economic Outlook
11:51pm, Sunday, 06'th Apr 2025
Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.
Oil Futures Slide on Fears of Weakening Global Demand
07:53pm, Sunday, 06'th Apr 2025
Oil futures slid in the early Asian session on fears of weakening global demand spurred by a growing trade war.
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
07:02pm, Sunday, 06'th Apr 2025
U.S. oil prices dropped below $60 a barrel on Sunday as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.
Oil prices extend losses on fears global trade war could slow economy
06:39pm, Sunday, 06'th Apr 2025
Oil prices fell more than 3% on Monday, extending losses from the previous week, on growing concerns that a global trade war could slow the global economy and weaken oil demand, following China's reta
Saudi Arabia cuts oil prices to Asia to four-month low
07:31am, Sunday, 06'th Apr 2025
Saudi Arabia, the world's top oil exporter, on Sunday lowered crude oil prices for Asian buyers in May to their lowest in four months, after a shock decision by the OPEC+ oil group to increase supply
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