EU has strong plan to retaliate against US tariffs if necessary
European Commission President Ursula von der Leyen said on Tuesday, “we do not necessarily want to retaliate. But if…
WTI trades with modest intraday losses below mid-66.00s; lacks bearish conviction
WTI edges lower amid worries that Trump’s trade tariffs would impact fuel demand. OPEC+ will proceed with oil…
Mexico’s Pemex will not give discounts on its crude oil to US buyers due to Trump’s tariffs
Petróleos Mexicanos (Pemex), Mexico’s state-owned oil company, stated on Thursday that it will not give discounts on its…
Tariffs likely to impart a modest stagflationary hit to the economy this year
The economic policies of the Trump administration are starting to take shape. President Trump has already announced the…
WTI recovers further from YTD low and climbs to $71.25 area; lacks bullish conviction
WTI scales higher for the second straight day amid worries that Iran’s oil supply could be disrupted. Concerns…
I will impose tariffs on the EU
United States (US) President Donald Trump spoke with reporters late on Friday, further amending statements made by his…