WTI Crude Oil Falls to a Six-Month Low on Weak China Data, Trump Turmoil

MT Newswires20:36 ET

Is Trump going to "change his stance" again? The U.S. Secretary of Energy: Taxes on Canadian Energy products may be revoked!

On Monday local time, US Energy Secretary Granholm stated that the US may reach an agreement with Canada to avoid imposing import tariffs on oil, Henry Hub Natural Gas, and other energy resources; She stated, "We can achieve zero tariffs or very low tariffs, but this must be reciprocal."

cls.cn20:14 ET

Oil Prices Slide 1.5% As Tariff Concerns Weigh On Demand

Business Today19:31 ET

The US Energy Secretary stated that the possibility of revoking the tariff on Canadian oil still exists, while Ontario is imposing a 25% surcharge on electricity exported to the US.

The US Energy Secretary announced that Trump might consider revoking the plan to impose import tariffs on Canadian oil in April. Crude Oil Futures narrowed their decline to less than 0.6%, reporting at $66.65. On the same day, the government of Ontario, Canada, officially imposed a 25% surcharge on all electricity exported to three US states.

wallstreetcn13:19 ET

Oil Prices Rise as Market Looks Oversold -- Market Talk

WSJMar 10 08:51 ET

International oil prices have plummeted to a three-year low! Read this article to understand what exactly has happened in the oil market.

① Last week, the international benchmark Brent Crude Oil Product Futures price suddenly broke a months-long silence, reaching its lowest point in three years. ② Currently, many oil price traders are grappling with the question: what exactly happened in the international oil market? Will this round of plunge deepen further?

cls.cnMar 9 22:41 ET