Oil markets, along with Wall Street, began a free fall on April 2 when Trump announced the new tariffs on trading partners.

OPEC oil output fell in March ahead of a scheduled output hike, a Reuters survey found, as Nigeria curbed deliveries to ...

President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double ...

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

Crude oil has had a rough start to 2025, with a nearly 15% decline year to date. Prices dropped to $61.99 per barrel on ...

OPEC+ oil production reached an eight-month high in March, with several members, notably Kazakhstan, Iraq, and the UAE, ...

Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...

Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long hiatus at the country's ports after ...

Commodities analysts estimate that U.S. crude needs to stay above $65 per barrel to keep shale producers in business.

Lower energy prices are one of Trump's campaign promises, but an oil price crash could hit US producer margins.

"They've definitely opened the door for the OPEC countries to gain market share here, and it's an inadvertent, self-inflicted wound," Patterson said. "It was counterintuitive for the ...