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Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang

Oil spills into U.S.-China trade war, prices slump

China said on Friday it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global oil demand.

U.S. appeals court mostly upholds Obama-era ozone rules

A U.S. appeals court on Friday mostly upheld Obama-era Environmental Protection Agency regulations from 2015 that set a more stringent standard for ozone, a pollutant linked to several serious health conditions, rejecting industry groups' claims the emission limits were too hard to attain.

NHC says 60% chance of cyclone near Windward Islands

A low pressure system located about 1,100 miles (1,770 km) east-southeast of the Windward Islands has a 60% chance of becoming a tropical cyclone in the next 48 hours, the U.S. National Hurricane Center said on Friday.

FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas

Oil prices slide as U.S.-China trade war escalates

Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods including crude oil, another escalation of a protracted trade dispute between the world's two largest economies.

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