Oil futures headed lower on Wednesday, with U.S. benchmark prices on track to notch a fourth straight session decline as investors weighed the potential impact of President Donald Trump’s energy policies and tariff threats.

Oil prices edged higher on Wednesday as the dollar weakened, with traders closely watching U.S. inventories, President Donald Trump's proposed tariffs and the potential impact of the national energy emergency he declared on his first day in office.

Oil futures headed lower Tuesday as traders weighed President Donald Trump’s vow to boost already record U.S. crude output against the threat of a steep tariff on Canadian imports and a call to replenish the Strategic Petroleum Reserve.

Oil prices held near a one-week low on Wednesday as the market considers how U.S. President Donald Trump's proposed tariffs could affect global economic growth and demand for energy. Brent futures fell 19 cents,

Oil futures ended lower on Tuesday as traders weighed prospects for crude supplies after President Donald Trump vowed to boost already record U.S. crude output, threatened to implement a steep tariff on Canadian imports and called for replenishing the Strategic Petroleum Reserve.

Oil prices dipped on Wednesday extending the previous session's declines as markets weighed U.S. President Donald Trump's declaration of a national energy emergency on his first day in office and eyed his tariff policies.

US government bond yields approached their lowest levels of the year after President Donald Trump refrained from immediately implementing tariffs and oil prices declined, easing inflation concerns.

Oil prices were rising early Wednesday, retracing some of the decline over the past five days as President Donald Trump promised to step up U.S. output with his mantra of “drill, baby, drill.” Nevertheless,