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Oil Prices Climb on U.S. Tariff Threat Despite Weekly Decline

Market Reaction to Tariff Risks Oil prices rose on Friday as traders assessed the potential impact of U.S. President Donald Trump’s proposed tariffs on Canada and Mexico, key crude suppliers to the U.S. Brent crude futures for March gained $0.61 to $77.48 per barrel, while the April contract rose by $0.48 to $76.37. U.S. WTI […]

Oil Prices Fluctuate Amid Trump’s Colombia Sanctions Reversal

Oil prices wavered on Monday as markets digested the U.S. government’s decision to retreat from initial sanctions threats against Colombia. This move eased immediate fears of supply disruptions but left traders on edge. Both Brent and U.S. crude benchmarks oscillated between gains and losses, reflecting heightened market uncertainty. By midday GMT, Brent crude futures had […]