U.S. oil and gas operators have encountered an avalanche of economic policy changes from the Trump administration over the last week, creating market uncertainty in an already maturing industry.
Crude oil prices were set for a weekly gain earlier today, following the news that the U.S. federal government has slapped new sanctions on Chinese companies involved in oil trading with Iran.
This week ends a day earlier for commodity traders, ahead of Good Friday and the Easter Holidays.
Curious Minds Corner
Where did the modern oil industry truly begin?
With the first commercially successful oil well drilled by Edwin Drake in Titusville, Pennsylvania, USA, in 1859.