THE ECONOMIST: Tariffs and oil

Oil Is Cheap But It Isn’t (Yet) a Bargain

For the past 18 months and up to the current selloff, I have been indubitably bearish. But the game is starting to change.

Collapse in oil prices threatens Alberta industry and the provincial budget

U.S. president Donald Trump's tariff war is causing economic shock-waves around the world. And that includes shaking down the price of oil. For Alberta -- that means the industry, and the provincial budget, could take a major hit. Kyle Bakx has more.

The White House's exemption from tariffs is not enough. The risk of recession will cause production and exports to collapse

THE ECONOMIST: Tariffs and oil

The oil and gas industry has been hit quickly and hard by the recent tariff brouhaha, with prices dropping significantly compared to recent levels (at least as of the time that I am writing). I’ve been asked several times whether the situation is likely to lead to a sustained “bust” in the industry. There is obviously much uncertainty, but here are a few initial thoughts. The tariffs, if sustained, will likely cause substantially slower global e…

The US Secretary of Energy declined to name specific price targets

Donald Trump shakes up the global economy with his tariffs, causing the oil price to fall. Soon German drivers are likely to benefit from this.