Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden
① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.
Report: OPEC+ Set to Delay Oil Production Strategy Meeting
Struggling to move forward? After changing to an online meeting, the OPEC+ meeting has been postponed.
Representatives claim that the official reason for the postponed meeting is conflicting schedules of the ministers, do you believe it?
WTI Steadies Above $68.50 Amid Large Surprise Crude Draw
Crude Oil Demand Set to Stabilize, But Supply Constraints Persist, Says ANZ Research
Oil Prices Steady Amid US Gasoline Stock Build And OPEC+ Uncertainty