President Trump’s tariffs are posing a major barrier to his plans to expand U.S. oil production — or, in his words, “drill, baby, drill.” Since the tariffs were announced last week, oil prices have fallen […]
Tag: Organization of the Petroleum Exporting Countries
Oil Executives Refrain From Publicly Criticizing Trump or His Tariffs
Oil is trading at its lowest level in nearly four years. Costs are rising. And Wall Street is growing more worried by the day that President Trump’s trade policies will tip the United States into […]
Slumping Oil Prices Reflect Intensifying Economic Worries
Oil prices continued to fall on Friday, extending a sharp drop that began the day before as fears grew that President Trump’s tariffs could slash global economic growth — and demand for oil. Brent crude, […]
