United States Oil Fund (USO)

Trump warned India could face tariffs of 20% to 25% on exports to the US as bilateral trade negotiations approach the August 1 deadline.

Trump escalated pressure on Moscow on Tuesday, declaring the United States would impose tariffs and sanctions on Russia within 10 days.

The trade agreement between the U.S. and EU is poised to benefit U.S.-based LNG exporters, the Magnificent 7, and the broader tech sector.

Benchmark Brent crude prices rose nearly 1% to $69.08 per barrel, while West Texas Intermediate crude prices gained 0.8% at $65.58 per barrel at 2.30 a.m. ET.

Benchmark Brent crude prices rose 0.6% at $69.61 per barrel, while U.S. West Texas Intermediate crude prices gained 0.6% to $66.44 per barrel at 2.29 GMT.

According to a report by The Wall Street Journal (WSJ), the agreement’s terms remain unclear.

Based on how history has played out, Tom Gentile wouldn't be surprised to see another tariff delay, maybe a final extension into the fall.

At the time of writing, U.S. West Texas Intermediate (WTI) crude futures were down 1%, falling to $65.28 per barrel.

Benchmark Brent crude prices were down 40 cents at $68.81 per barrel, while U.S. West Texas Intermediate crude prices fell by 0.7% at $65.51 per barrel at 2.15 a.m. ET.

He reportedly stated that many new suppliers are entering the market, including those from Guyana, and India could also rely on supplies from existing producers such as Brazil and Canada.

Benchmark Brent crude prices were up 0.4% at $68.96 per barrel, while U.S. West Texas Intermediate crude prices gained 0.6% at $66.94 per barrel at 5.31 a.m. GMT.

Benchmark Brent crude prices rose by 0.2% to $70.47 per barrel, while U.S. West Texas Intermediate crude prices gained 3 cents to $68.49 per barrel at 2.42 a.m. GMT.

At the time of writing, U.S. WTI crude futures were up nearly 3%, rising $68.5 per barrel.

As the U.S. Senate considers the Sanctioning Russia Act of 2025, Craig Shapiro warns about disruption to the market and the global economy.

The group says oil demand will rise by about 19% to hit about 123 million barrels per day (bpd) by 2050.

Benchmark Brent crude gained 0.1% at $70.27 per barrel, while U.S. West Texas Intermediate crude advanced eight cents to $68.46 per barrel at 7.38 am GMT.

At the time of writing, U.S. WTI crude futures were down nearly 1%, falling to $67.33 per barrel.

Benchmark Brent crude fell 0.5% at $69.27 per barrel, while U.S. West Texas Intermediate (WTI) crude declined 0.6% at $67.52 per barrel.