Articles by Mike Obel

Mike Obel works as senior news editor for International Business Times. Prior to joining IBT, he worked on the Finance Desk of The Associated Press in New York. He has also worked for United Press International in Dallas and Philadelphia and the Oil & Gas Journal. Mike has done freelance work for newspapers and worked in public relations, speech writing and communications for BP and ConocoPhillips.

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Oil Rig

China Tariffs Hurt US Crude Oil Price

In retaliation to the $50 billion worth of tariffs announced by the United States, China said it would impose 25 percent import duty on U.S. petroleum goods, sending the WTI crude price crashing.