CNBC's Eamon Javers joins 'Squawk on the Street' to discuss Trump announcing retaliatory tariffs and his battle with law firns.
Trump says any country that purchases oil from Venezuela will have to pay 25% tariff on trade with U.S.
OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, three sources told Reuters, amid steady oil prices and plans to force some members to reduce pumping to compensate for past overproduction.
The crude oil markets look as if they are going to break even higher over the longer term, but traders will have to be aware that the process is just that, a process. This will take some time, but it looks like the buyers are taking control.
Crude oil nears key $68.97 pivot as Iran sanctions and OPEC+ output curbs tighten supply, supporting a cautiously bullish oil outlook.
Natural gas breaks below triangle support as bearish pressure mounts; meanwhile, oil holds steady above key EMAs, signaling possible bullish momentum.
Oil prices held steady on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase in Russian oil to global markets.
Oil edged higher. Geopolitical tensions, sanction policies, and OPEC+ strategies should continue playing a key role in the oil market's evolution, said XS.
The fossil-fuel industry wants to avoid the financial penalties that tobacco companies faced and is asking for the president's protection against climate-related risks and new state laws.
Helima Croft, RBC, joins 'Fast Money' to talk oil prices.
Oil prices will likely slip this year, the director of North Dakota's state oil regulator predicted, amid uncertainty surrounding U.S. President Donald Trump's tariffs on neighboring Canada and Mexico.
The crude oil markets that I follow all look the same at the moment, as if they are going to go back and forth as we try to determine the support as holding, and if the overall demand for crude oil is going to increase.