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BOE Report - Canada's Source for Oil & Gas News
China tariff retaliation targets its modest US energy imports February 4, 2025 3:16 AM China is the world’s top energy importer but its purchases from the United States are relatively modest, blunting the impact of Beijing’s move on Tuesday to slap retaliatory tariffs on imports of U.S. crude oil, liquefied natural gas (LNG) and coal.
China tariff retaliation targets its modest US energy imports
2 天之前 · China is the world's top energy importer but its purchases from the United States are relatively modest, blunting the impact of Beijing's move on Tuesday to slap retaliatory tariffs on imports of U.S. crude oil, liquefied natural gas (LNG) and coal. Shortly after tariffs on China imposed by U.S. President Donald Trump took effect on
US crude inventories surge amid refinery maintenance season ...
1 天前 · U.S. crude oil inventories rose sharply last week as demand softened on ongoing refinery maintenance, the Energy Information Administration (EIA) said on Wednesday. Gasoline stockpiles also rose more than expected, while distillate inventories declined. Crude inventories were up by 8.7 million barrels to 423.8 million barrels in the week ended Jan. 31, the EIA said,
ConocoPhillips’ quarterly profit beats estimates on higher ...
19 小时之前 · ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, as higher production offset lower realized prices. Benchmark crude prices rose about 4% during the October-December quarter, encouraging companies to drill more. However, ConocoPhillips' total average realized prices fell 10% to $52.37 per barrel of oil equivalent (boe) in the reported …
Trump set to reimpose ‘maximum pressure’ on Iran, aims to ...
2 天之前 · U.S. President Donald Trump on Tuesday plans to restore his "maximum pressure" campaign on Iran in an effort to stop Tehran from obtaining a nuclear weapon and drive its oil exports down to zero, a U.S. official said. The move brings back the tough U.S. policy on Iran that Trump, a Republican, practiced throughout his
OPEC+ rolls over oil policy, ditches US government data
3 天之前 · OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Information Administration from the sources used to monitor its production and adherence to supply pacts. OPEC+ and Donald Trump clashed repeatedly during his first administration in 2016-2020 when the U.S. President demanded it
Oil prices jump after Trump imposes tariffs on Canada, Mexico ...
4 天之前 · Oil prices jumped at the market open on Monday after U.S. President Donald Trump imposes tariffs on Canada, Mexico and China, raising fears of a trade war and disruption in crude supply from two of the United States' biggest suppliers. U.S. West Texas Intermediate crude was at $74.27 a barrel, up $1.74, or 2.4%, by
North American companies brace for fallout from Trump tariffs
4 天之前 · For North American companies, the "wait and see" moment on tariffs is over. U.S. President Donald Trump imposed a 25% levy on goods from Canada and Mexico, along with a 10% tariff on China, in what could be the opening stages of a full-scale trade war likely to create new headaches for executives that have