Tariffs may bring short-term pain, but Trump is aggressively pursuing goals that benefit the U.S., says Cornerstone Government Affairs’ Jack Belcher.
Sanctions, tariffs and production strategies are buffeting crude markets as wild cards like tariffs and geopolitical conflicts make headlines.
The agreement with Iraq’s government is for an initial phase that includes oil and gas production of more than 3 Bboe, BP stated.
Ukrainian peace talks could end with Russian gas back on the market, Poten & Partners analysts said.
Tariffs may bring short-term pain, but Trump is aggressively pursuing goals that benefit the U.S., says Cornerstone Government Affairs’ Jack Belcher.
Sanctions, tariffs and production strategies are buffeting crude markets as wild cards like tariffs and geopolitical conflicts make headlines.
The agreement with Iraq’s government is for an initial phase that includes oil and gas production of more than 3 Bboe, BP stated.
Ukrainian peace talks could end with Russian gas back on the market, Poten & Partners analysts said.
Loading of Venezuela's heavy crude at its main oil ports slowed this week after the Trump administration imposed a 25% tariff on trade with countries buying the South American nation's oil.
Oil demand will be picking up as we move into warmer months for the northern hemisphere. For the upcoming week, Stratas Advisors think the price of Brent crude will move higher and will test $73.
The risk to U.S. oil and gas production comes from within, and a recession looms on the horizon.
The country, which put a 15% tariff on U.S. LNG imports, has gone more than 40 days without a delivery, the longest gap since 2023, according to a report from Bloomberg.
TotalEnergies’ Southern African LNG project had been delayed after unrest in Mozambique.
The price of Brent crude could get a boost from Trump’s threats of sanctions on Russia, Iran and Venezuela, but it is doubtful it will break $72/bbl, Stratas Advisors says.