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energy markets News

US Crude Oil Inventories Surge by 2.4 Million Barrels, Signaling a Shift in Energy Markets

James Carter 16 Apr, 2025

The latest API report reveals a 2.4 million barrel increase in US crude oil inventories for the week ending April 11, alongside decreases in Cushing reserves and significant drops ...

Economy

Trump's Tariff Threats Loom Large: Fitch Sounds Alarm on Global Trade Disruptions

Jessica Bennett 18 Dec, 2024

Fitch warns that Trump's proposed tariffs could negatively affect global commodity markets, especially base metals, chemicals, and oil, due to reduced Chinese demand. The tariffs c...