Monday, 12 May 2025 () Oil prices surged Monday morning after the US and China agreed to cut tariffs as part of a temporary trade truce. West Texas Intermediate and Brent Crude both experienced significant percentage increases following the announcement of the trade agreement. While the tariff reduction is seen as a positive step for the oil market, analysts warn that lasting impacts depend on broader US policies toward China. 1m ago 9:50am CST CPC Blend Oil Exports Dip as Kazakhstan Reaffirms OPEC+ Commitment Black Sea CPC Blend oil exports through the Caspian Pipeline…
Amid intensifying trade tensions with the U.S., China has cut its crude oil imports from Washington by 90%, turning instead to Canada as a key supplier. Bloomberg reports record shipments from Canada's..
Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s..
The Trump Economic Policy is making waves in global trade. President Donald Trump has announced a 25% tax on Venezuelan oil, ensuring a stronger push for domestic energy reliance. Under the Trump..
Bank of Baroda projects the Indian rupee to strengthen to 84-85 against the US dollar, driven by a weak dollar, falling oil prices, and renewed foreign... IndiaTimes
Oil prices extended their recent gains in early trading on Monday, buoyed by positive pronouncements from both the United States and China following their... Invezz
Monday, 12 May 2025 ()
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