Oil prices rebounded on Monday despite lingering fears over a potential global trade war after U.S. President Donald Trump's latest tariff plans, this time targeting steel and aluminium. Brent crude futures were up 87 cents,

Oil prices rose significantly following the announcement of new tariffs on steel and aluminum imports by the former U.S. President, reflecting concerns about the potential impact on global economic growth and oil demand.

Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the way.

Oil futures rose Monday, finding support after three straight weekly declines that took crude to its lows of the new year.

Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it has since pulled back, Brent futures have been in the green in four out of the past five sessions.

Oil prices rose today, Feb. 10, despite Trump's threat to impose additional tariffs on US imports of steel and aluminium, a move that threatens to und

Oil futures on Wednesday marked their lowest settlement prices of the year, after official U.S. data showed a weekly climb of nearly 9 million barrels in U.S. crude inventories and as the U.S.-China trade battle threatened to dent demand.

Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran's crude exports but prices were down for the week as investors worried about U.S. President Donald Trump's renewed trade war on China and threats of tariffs on other countries.

Oil prices moved up on Friday after new sanctions were imposed on Iran's crude exports but were hurt by U.S. President Donald Trump's renewed trade war on China and threats of tariffs on other countries.