Crude Oil Trades Stuck in Tight Range Ahead of Crucial OPEC+ Meeting
Oil Markets on Edge Amid OPEC+ Output Policy and European Gas Concerns
Crude oil: Oil prices fell in light trading as OPEC+ production increase plans face uncertainty.
Due to the uncertainties surrounding the OPEC+ production plan and the Israel-Hezbollah ceasefire agreement, crude oil futures declined in light trading after the holiday.
Donald Trump's Call for 'Energy Dominance' Is Likely to Run Into Real-world Limits
Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden
① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.
Oil Prices Steady Amid US Gasoline Stock Build And OPEC+ Uncertainty
