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The Latest Breaking News from Oil

Trump To Hit Canada, Mexico, China With Tariffs, Raising Price Fears

US President Donald Trump is set to unveil fresh tariffs Saturday on major trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos and raising inflation concerns.

International Business Times

Commercial LPG cylinder price reduced

The 19 kg commercial cylinder is widely used in hotels, restaurants, and other businesses. Read further on Dynamite News:

Dynamite News

Ukraine war briefing: Russian missile attack on world heritage site in Odesa damages historic buildings and wounds seven

Volodymyr Zelenskyy says Norwegian diplomats among those in epicentre of ‘deliberate strike’ on Unesco-listed district. What we know on day 1,074

The Guardian - AU

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Trump’s 25% tariffs on Canada and Mexico amp up the risk of a broader trade war

It’s official. On February 1, US President Donald Trump will introduce a sweeping set of new 25% tariffs on imports from Canada and Mexico. China will also face new tariffs of 10%.

The Conversation

Trump Considers Reducing Tariff On Canadian Crude Oil To 10%

President Trump considers reducing tariffs on Canadian oil and imposing tariffs on the EU, citing unfair treatment. Stay informed on potential trade actions.

Top News

Crude Oil Settles Lower on Dollar Strength

March WTI crude oil (CLH25 ) Friday closed down -0.20 (-0.27%), and March RBOB gasoline (RBH25 ) closed down -0.0067 (-0.32%). Crude and gasoline prices settled moderately lower on Friday, with crude posting a 4-week low. Friday's rally in the dollar index (DXY00 ) to a 1-week high undercut energy...

Barchart

Tariffs on Canada, Mexico, and China Could Start This Weekend

Trump's second trade war has apparently arrived. There remains much uncertainty, but expect it to be costly.

Reason

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Trump tariffs on Mexico and Canada could land this weekend. Here are some goods in the crosshairs

President Donald Trump said this week that tariffs on U.S. neighbors Canada and Mexico will arrive Saturday

The Independent UK

Just Stop Oil protester, 78, released to home detention after fitting tag found

Gaie Delap had prison term extended because contractors could not find wrist strap of right size

The Guardian - UK

‘We’d go absolutely nuts’: PM warned of Labour fight if he backs huge oilfield

Exclusive: MPs and ministers say they would oppose Starmer if he tries to approve Rosebank development

The Guardian - UK

Swiss criminal court convicts commodities firm Trafigura in Angola bribery case

Switzerland’s top criminal court convicted a multinational company for the first time, ruling against commodities trader Trafigura in a case of bribery linked to lucrative oil industry contracts in Angola

The Independent UK

Oil Industry Urges Trump To Shield Oil From Tariffs

Oil industry advocates for exemption of oil and gas from tariffs on Canada and Mexico to maintain trade relationships and benefit the American economy.

Top News

In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey

The Independent UK

Chevron Warns White House That Russia, China Will Take Over Venezuelan Oil If Its License Is Revoked

Secretary of State Marco Rubio said the license should be reconsidered

Latin Times

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Barchart

Crude Slightly Lower, Awaiting US Tariff News

March WTI crude oil (CLH25 ) today is down -0.02 (-0.03%), and March RBOB gasoline (RBH25 ) is down -0.0067 (-0.32%). Crude and gasoline prices today are slightly lower, with crude posting a 4-week low. Today's rally in the dollar index to a 1-week high is undercutting energy prices. Crude...

The Independent UK

Ukraine launches second major drone attack against Russian oil refineries in a week

Intelligence sources say one refinery had been hit by four Ukrainian drones, causing ‘significant damage”

Fortune

Danish wind giant Orsted replaces its CEO with shares down 83% and Trump pressures looming

Orsted was in the fossil fuels business as "Danish Oil and Natural Gas" for much of its lifetime. It's renewable energy pivot is hurting in the U.S. now.

Al Jazeera

Ukraine drone attack sparks fire at key Russian oil refinery

Kyiv’s latest attack on Russia’s critical infrastructure hits second oil refinery in space of a week.

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news in one place.

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Barchart

Are Wall Street Analysts Bullish on Chevron Stock?

Oil & gas giant Chevron has significantly outperformed the border market in 2025, and analysts remain strongly bullish on the stock’s prospects.

The Guardian - UK

AstraZeneca cancels £450m Liverpool investment, blaming UK government funding cuts – as it happened

Pharmaceutical company says that it will not go ahead with investment at Speke, near Liverpool

The Times of India

Prime Minister Narendra Modi shares tips on how to reduce obesity and stay healthy

Obesity is a silent killer and is the root cause of several diseases, including some fatal ones. Health agencies and experts have been relentlessly creating awareness around obesity and sharing tips on how to reduce it.

Homes & Gardens

3 secretly toxic items in your bedroom that toxicologists urge you to replace now to protect your health

Danger might be lurking where you least expect it

Al Jazeera

Trump pledges to go ahead with 25% tariffs on Canada, Mexico from Saturday

The White House reiterates the threat on Friday and adds there will be 10 percent tariffs on China.

Marie Claire

25 Under-$250 Beauty Products the Royal Family Swears By

Skip the tiara, steal the skincare routine.

Barchart

Crude Prices Supported by Dollar Weakness and Tariff Concerns

March WTI crude oil (CLH25 ) Thursday closed up +0.11 (+0.15%), and March RBOB gasoline (RBH25 ) closed up +0.0058 (+0.28%). Crude and gasoline prices recovered from early losses on Thursday and posted modest gains. Thursday's weaker dollar was supportive of energy prices. Crude also has support on concern that...

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