Tariffs Spark Steep Declines in Stock Futures; Oil and Dollar Climb
The selloff offered an early glimpse of how Wall Street will respond to trade wars.
Oil Rises as U.S. Tariffs Spark Supply Concerns
Oil prices jumped in early trade after U.S. President Trump imposed hefty tariffs on major trading partners, raising fears of supply disruptions. Brent crude was up 1.3% to $76.64 a barrel, while WTI rose 2.
Should You Buy ConocoPhillips Stock With Oil Prices Below $80 a Barrel?
ConocoPhillips can generate that much cash at an oil price below $80 because of its low cost of supply. It has about 20 billion barrels of resources with a cost of supply of $40 per barrel or lower, with an average cost of supply of $32 per barrel. With crude prices in the $70s, ConocoPhillips can produce a lot of cash.
Stock Market Today: Tariffs Roil Markets; Dow, Nasdaq Open Lower; Oil Prices Jump
Selloff offers an early glimpse of Wall Street’s response to trade wars. Follow along for live updates on stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Oil prices climb after US tariffs spark supply disruption fears
Oil prices rose on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of supply disruption, though gains were capped by concern over what could be an economically damaging trade war.
U.S. Tariffs Trigger Oil Price Spike, Raising Inflation Concerns
Following U.S. President Donald Trump’s decision to slap tariffs on imports from China, Canada, and Mexico, oil prices increased on Monday. Fears of supply disruptions and inflationary pressure have been raised by the action,
Here's how long it may take for oil's gains to show up in gas prices at the pump
President Donald Trump's decision to implement a 10% tariff on Canadian energy starting Tuesday, in contrast to the announced ...
Oil Eases After U.S. Agrees to Pause Tariffs on Mexico
Oil prices ease in afternoon trade from higher levels reached earlier in the session, after the U.S. agreed to put tariffs on Mexico on hold for a month. Brent crude is flat at $75.68 a barrel, while ...
If You Could Buy Only 1 Oil Stock in 2025, These Are Some Top Stocks to Consider
Chevron's diversification, high yield, and long history of success make it a strong buy in the oil space. ConocoPhillips will ...
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Stock markets sink, dollar rallies on Trump tariffs
LONDON: Stock markets tumbled while the dollar rallied and oil prices rose on Monday (Feb 3) over concerns about the global ...
BP: 2025 Will Make Or Break The Stock
BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...
What's Driving SLB's Stock Price Upward?
The company’s stock is up 14% since the beginning of this year, compared to only 2% return of the S&P 500 over the same ...