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US oil imports from Canada hit record ahead of tariffs threat, EIA data shows

INVESTING
January 8, 2025
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NEW YORK (Reuters) – U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information Administration (EIA) showed on Wednesday, ahead of incoming U.S. president Donald Trump’s plans to tariff imports.

U.S. crude oil imports from Canada rose by 689,000 barrels a day in the week ended Jan. 3 to 4.42 million barrels a day, the highest in records going back to June 2010, the EIA data showed.

This post is originally published on INVESTING.

INVESTING
January 27, 2025
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Oil falls after Trump reverses Colombia sanctions threat

By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

INVESTING
January 27, 2025
154 views

Dollar gains on tariffs fears; euro looks to ECB meeting

Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…