china

Oil prices have dropped roughly $10 a barrel in the past week, during what Patrick DeHaan with Gasbuddy.com has called a tumultuous week.  He noted a lot of this turbulence and unease is happening because of President Trump's tariffs coming in heavier and more significant than expected, increasing concerns of a global recession or slowdown.   “...

Iran, Venezuela, peace talks between Ukraine and Russia, and the struggling Chinese economy, there's lot for investors, specifically oil investors to focus on these days.  Patrick DeHaan with GasBuddy.com said that’s been the pattern for the oil community for the past two months.   “Essen...

Oil prices continue their downward trend.  West Texas Crude was down to $65 per barrel in Monday’s trade, while Brent Crude was trading around $66 per barrel, a nearly 2% decrease for both.  Patrick DeHaan with Gasbuddy.com says not only ha...

President Trump has slapped an additional 10% tariff on China, bringing the total to 205 on all Chinese imports.  President Trump has accused China of not doing enough to prevent fentanyl flow into the U.S., and China responded by calling the move blackmail.  As a re...

Congressman Dan Newhouse (R-WA) introducing legislation to keep American farmlands out of the hands of the Chinese Communist Party (CCP). According to a release from Rep. Newhouse, he is reintroducing legislation titled "Protecting American Agriculture from Foreign Adversaries Act of 2025...

“Come to find out, Washington is one of the top states for foreign ownership of agricultural land. This bill takes a stab at not allowing foreign adversaries, and that's listed by the U.S. State Department, to be able to purchase farm ground. I ju...

Tariffs against Canada and Mexico have been paused through the rest of this month, and if you believe that means the oil markets are quiet, you would be mistaken.  Oil prices in early Monday action were trading slightly higher, but still in the $72 a barrel range.  Patrick...

Over the weekend, President Donald Trump kept his promise to slap 25% tariffs against, Canada and Mexico, as well as an additional 10% against China.  Those tariffs became official Saturday, after the President signed an Executive Order Friday afternoon.  The pre...

President Trump eyes 10% tariff on China, EU over fentanyl concerns. China open to dialogue for cooperation on trade differences.

For the second week of the new year, oil prices have moved higher.  Patrick DeHaan with GasBuddy.com said this most recent trend started last week.   “The Biden administration issuing harsher sanctions on shipping companies and vessels that would operate and take sanctioned crude oil from countries like Iran and Russia and deliver it to countries like China and India," DeHaan noted.  "Th