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Tag: WTI

Business / Companies / economics

Oil Prices Stabilize Amid Anticipated New Tariffs

April 3, 2025April 3, 2025 - by Liam Nguyen - Leave a Comment

Oil prices stabilized amid weak trading following concerns over new U.S. tariffs potentially impacting global demand. Brent crude futures were at $74.49, and WTI at $71.23. Analysts highlight a cautious …

Oil Prices Stabilize Amid Anticipated New Tariffs Read More
Business

Declining Oil Prices Amid U.S. Deadline for Chevron’s Venezuela Operations

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

Oil prices are declining due to a U.S. deadline for Chevron to exit Venezuela, OPEC+ increasing production, and weakening U.S. crude demand. A notable drop in U.S. oil stocks was …

Declining Oil Prices Amid U.S. Deadline for Chevron’s Venezuela Operations Read More
Business / economics

Trump Ends Chevron’s Involvement in Venezuela, Sparking Economic Concerns

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

The U.S. Treasury has ordered Chevron to halt its operations in Venezuela, following Trump’s pledge to overturn Biden’s oil policies. This move threatens Venezuela’s economy and impacts U.S. refiners who …

Trump Ends Chevron’s Involvement in Venezuela, Sparking Economic Concerns Read More
Business

U.S. Directs Chevron to Cease Oil Exports from Venezuela in 30 Days

March 4, 2025March 4, 2025 - by Carmen Mendez - Leave a Comment

The U.S. Treasury has instructed Chevron to wind down its oil exports from Venezuela in 30 days. This decision underscores the ongoing sanctions against Venezuela and reflects a tightening of …

U.S. Directs Chevron to Cease Oil Exports from Venezuela in 30 Days Read More
Business

Oil Prices Rise as Trump Revokes Chevron’s License in Venezuela

March 2, 2025March 2, 2025 - by Allegra Nguyen - Leave a Comment

Oil prices rose for the first time in three days following President Trump’s cancellation of Chevron’s Venezuela operating license, affecting global supply dynamics. Brent crude increased by 0.33% to $72.77, …

Oil Prices Rise as Trump Revokes Chevron’s License in Venezuela Read More
Business / economics

Oil Prices Decrease Amidst Tariff Concerns and Rising Iraqi Exports

February 28, 2025February 28, 2025 - by Carmen Mendez - Leave a Comment

Light crude oil futures fell on Friday, reflecting uncertainty amid tariff concerns and Iraq’s renewed oil exports. Resistance levels at $70.35 and $70.59 are capping gains, and sustained trading below …

Oil Prices Decrease Amidst Tariff Concerns and Rising Iraqi Exports Read More
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