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A service for energy industry professionals · Monday, February 3, 2025 · 782,902,151 Articles · 3+ Million Readers
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South Central U.S. Energy Industry News  •••  Topics

South Central U.S. Crude Oil News Monitoring

  • Published on Jan 31, 2025

    Trump Weighs Imposing Tariffs on Oil

    Amid soaring energy prices and growing concerns over domestic oil production, President Donald Trump is reportedly considering reintroducing tariffs on imported oil to boost American energy independence. The move would be a bold step in Trump’s ongoing …

    Source: Townhall - Right-wing
  • Published on Jan 31, 2025

    Oil set for weekly losses as US set to impose tariffs on Canada, Mexico

    By Arathy Somasekhar HOUSTON (Reuters) -Oil prices eased on Friday after the White House said U.S. will impose 25% tariffs on Canada and Mexico on Saturday. Brent crude futures for March, which expire on Friday, were down 7 cents at $76.81 a barrel by 1:38 …

    Source: The Print - Neutral
  • Published on Jan 31, 2025

    Trump vows tariffs to hit Saturday with more in coming months

    President Donald Trump said he would impose tariffs on a wide range of imports, including oil and metals, in the coming months, expanding his plans to enact sweeping trade levies well beyond those set to hit China, Canada and Mexico on Saturday. "We…

    Source: National Mortgage News - Label Pending
  • Published on Jan 31, 2025

    US open: Stocks jump on the back of slightly better-than-expected data

    At 1536 BST, the Dow Jones Industrial Average was trading up by 0.11% at 44,927.46, alongside a 0.71% gain for the S&P 500 to 6,114.76 - a fresh record high. The Nasdaq Composite meanwhile was adding 1.35% to 19,944.10. In the background, the US dollar …

    Source: ShareCast - Label Pending
  • Published on Jan 31, 2025

    WTI Slips Below $73 on Mixed Tariff Signals

    Oil settled slightly lower after a turbulent session buffeted by conflicting messages about the timing and scope of tariffs on major US crude suppliers Canada and Mexico. West Texas Intermediate edged down below $73 a barrel after White House press …

    Source: Rigzone - Neutral
  • Published on Jan 31, 2025

    Stock markets mostly gain at end of turbulent week

    Stock markets mostly rose Friday, led by New York after strong results from Apple reassured investors that the tech sector was still healthy after a volatile week, though European shares were hit by a late bout of profit taking. AI-related stocks, …

    Source: The Press - California - Center-left
  • Published on Feb 1, 2025

    Canada powerless to stop tariffs - Donald Trump

    U.S. President Donald Trump said there is “nothing” Canada can do to prevent the punishing tariffs expected to be unleashed tomorrow. During a press conference in the Oval Office Friday afternoon, Trump was asked if there’s “anything” Canada, China or …

    Source: GhanaWeb - Neutral
  • Published on Jan 31, 2025

    Wall Street today: US Stocks surge on in-line PCE inflation data, Apple gains 2.9%

    Wall Street stocks surged on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. The Personal Consumption Expenditures (PCE) price index rose 2.6 per cent in December, up from 2.4 per cent in …

    Source: Livemint - Neutral
  • Published on Jan 31, 2025

    U.S. Dollar Surges as Trump Announces Imminent Tariffs on Canada and Mexico

    President Donald Trump on Thursday announced he will decide tonight on whether to impose sweeping 25% tariffs on Canada and Mexico related to their failure to regulate the flow of fentanyl into the United States, and said his administration is in the …

    Source: Oil Price - Neutral
  • Published on Jan 31, 2025

    Mind the gap: Why Trump's tariffs could blow out the WCS and WTI differential

    While the price gap between a barrel of North American benchmark oil and a barrel of Canadian oilsands crude has long existed, some market watchers say if the tariffs proposed by U.S. president Donald Trump were applied to Canadian oil exports, that gap …

    Source: CBC/Radio-Canada - Public Broadcaster
  • Published on Jan 31, 2025

    Phillips 66 Stock Falls After Sharp Drop In Q4 Profit, Retail Remains Bearish

    The refiner reported fourth-quarter net earnings of $8 million, or $0.01 per share, compared with $346 million, or $0.82 per share in profit, last year. Published: Jan 31, 2025, 11:20 PM IST Phillips 66’s (PSX) shares fell 1.2% on Friday after the company …

    Source: Asianet Newsable - Label Pending
  • Published on Jan 31, 2025

    How oil emerged as central sticking point in the Trump tariff talks

    The market anxiety ahead of Donald Trump's self-imposed Feb. 1 deadline for a first round of tariffs focused Friday on oil and gas after the president appeared to acknowledge Thursday there could be an issues with including the energy staple in his …

    Source: Yahoo Finance - Label Pending
  • Published on Jan 31, 2025

    Canadian Dollar and Business Outlook: Tariff threat pulling loonie lower

    By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar was weaker on Friday morning as the 25 per cent tariffs United States President Donald Trump has threatened on Canada are set to take effect tomorrow. As of 8:37 am CST, the loonie was at …

    Source: Country Guide - Label Pending
  • Published on Feb 1, 2025

    LyondellBasell Industries N.V. (NYSE:LYB) Q4 2024 Earnings Call Transcript

    LyondellBasell Industries N.V. (NYSE:LYB) Q4 2024 Earnings Call Transcript January 31, 2025 Operator: Hello, and welcome to the LyondellBasell Teleconference. At the request of LyondellBasell, this conference is being recorded for instant replay purposes. …

    Source: Insider Monkey - Neutral
  • Published on Jan 31, 2025

    Asia report: SK Hynix drags Kospi down on return from holiday

    Trading volumes were limited, with China and Hong Kong markets still closed for the Lunar New Year holiday. South Korea's Kospi returned from its holiday weaker, however, dragged down by a steep drop in SK Hynix. “With the Chinese New Year holiday …

    Source: ShareCast - Label Pending
  • Published on Feb 1, 2025

    ONEOK Announces Completion of Strategic EnLink Midstream Acquisition

    Transaction Strengthens ONEOK's Integrated Value Chain and Further Diversifies Platform TULSA, Okla., Jan. 31, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) (ONEOK) today announced that it has completed its acquisition of EnLink Midstream, LLC ( …

    Source: The Bulletin - Kansas - Neutral
  • Published on Jan 31, 2025

    Stock markets close out turbulent week with gains

    European and Asian stock markets mostly rose Friday, the end of a week beset by volatility after China’s DeepSeek unveiled an artificial intelligence model to rival those of US tech giants. Confirmation from US President Donald Trump that the world’s …

    Source: Macau Business - Pro-Government
  • Published on Jan 31, 2025

    Oil Prices Set for Second Consecutive Weekly Decline

    Crude oil prices looked set for their second consecutive weekly decline since the start of the year despite staging a partial recovery in anticipation of President Trump’s imposition of tariffs on the biggest crude suppliers to the U.S. this weekend. At …

    Source: Oil Price - Neutral
  • Published on Jan 31, 2025

    Imperial announces fourth quarter 2024 financial and operating results

    Breadcrumb Trail Links Business Wire News Releases PMN Press Releases Author of the article: Published Jan 31, 2025  •  28 minute read Article content Quarterly net income of $1,225 million Cash flows from operating activities of $1,789 million and cash …

    Source: Financial Post - Center-right

07 days 05:23:07

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