energy demand News

Crude Oil Prices Surge Over 4% Following 90-Day Tariff Suspension Announcement

Crude oil prices rebounded sharply, increasing over 4% as recession fears eased and demand outlook improved. The upturn followed President Trump's announcement to delay most retali...

Oil Prices Slide 1% Amid Fears of Global Oversupply and Trade Tariffs Impact

Oil prices have declined for the third consecutive session due to fears of oversupply following OPEC+'s decision to increase production. New US tariffs on imports from Canada, Mexi...

Crude Oil Prices Dip 1% Amidst Rising Concerns Over Supply and Global Demand

Crude oil prices fell by 1% as markets reacted to the Trump administration's suspension of aid to Ukraine and new tariffs on Canada, Mexico, and China. Concerns over supply increas...

Global Oil Prices Dip Over 1% Amid Fears of U.S. Tariffs Impacting Demand

Oil prices fell over 1% as new U.S. tariffs on steel and aluminum imports raise concerns over reduced demand, with economists and industry leaders warning of potential impacts on t...