The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, credit cards and much more, our columnist says.
Category: Oil (Petroleum) and Gasoline
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Chevron to Lay Off Up to 20% of Staff
The second largest U.S. oil company may cut as many as 9,000 workers worldwide in an effort to cut costs.
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BP to ‘Reset’ Strategy After Pressure From Investors, C.E.O. Says
The energy giant was vague on details, but analysts say the changes will likely include less spending on renewable sources and a bigger investment in oil and natural gas production.
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How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.
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From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
President Trump’s new tariffs on goods from Canada, Mexico and China are likely to result in higher prices for lots of products, including computers, tequila and gas.
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Trump’s Tariffs Would Reverse Decades of Integration Between U.S. and Mexico
Ties between the United States and Mexico have deepened over 30 years of free trade, creating both benefits and irritants.
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The World Economy Awaits Trump’s First Round of Tariffs
Economists, policymakers and investors are bracing for a trade war that has been brewing since Election Day.
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The World Economy Awaits Trump’s First Round of Tariffs
Economists, policymakers and investors are bracing for a trade war that has been brewing since Election Day.
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Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
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Doug Burgum Is Confirmed by Senate as Interior Secretary
The former governor of North Dakota is promoting President Trump’s “energy dominance” agenda and wants more oil, gas and mining on public lands.
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Shell and Equinor Oil and Gas Production Is Blocked at Sites Off British Coast
A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the North Sea.
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Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.