U.S. WTI crude prices fell more than 1% after-hours to as low as $72.36/bbl after President Trump pulled back on implementing his threatened tariffs, agreeing to pause 25% tariffs on most goods from ...

Trump said he would decide, possibly in the next few hours, whether the tariffs will apply to imports of Canadian and Mexican oil. Canada supplies ~4M bbl/day of oil to the U.S., and the two ...

Canadian Prime Minister Trudeau and Mexican President Sheinbaum each said ... the group is expected to ease current reductions by ~180K bbl/day, fully recovering cuts by September 2026.