Exxon and Chevron Report Lower Profits While Girding for Tariffs
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
It Is Happening Every Day, Every Where
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
The plane maker, which has been trying to recover from a quality crisis, could lose orders in China as a result of President Trump’s tariffs.
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.
Aerospace companies are big exporters but also very reliant on a global supply chain, making them vulnerable.
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.
The Saudi-led cartel said its members would start gradually pumping more oil in April.
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology companies for artificial intelligence and other services.
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago.