- April 9th, 2025
Europe Gas Drops With Broader Financial Markets as Tariffs Start
European natural gas prices slid further as US President Donald Trump’s tariffs kicked in, dealing a blow to the global economy and demand for energy. ›
European natural gas prices slid further as US President Donald Trump’s tariffs kicked in, dealing a blow to the global economy and demand for energy. ›
Oil sank to a four-year low as an intensifying global trade war threatens to batter energy demand, with a fresh wave of US levies going into effect in a move that will deal a heavy blow to the global economy. ›
Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall below $40 a barrel under “extreme” outcomes as the trade war flares and supplies rise. ›
European natural gas prices extended declines, following oil and global stocks lower as the tariff-induced market rout worsened. ›
Oil tanked for a third straight day after Saudi Arabia slashed its flagship crude price by the most in more than two years, and the escalating trade war spurred concerns about a global recession and weaker demand. ›
Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early supply increase just as concerns over global demand become more acute. ›
Oil fell after US President Donald Trump rolled out stiff tariffs on major trading partners, including China and the European Union, that spared energy but ratcheted up a trade war that threatens global demand. ›
European natural gas prices held near €42 a megawatt-hour as traders weighed shifts in the region’s fuel supplies and the impact from a cool start to spring. ›
Oil was little changed, pausing last month’s rally as traders position themselves for impending US tariff announcements. ›
Oil steadied after jumping on Monday as President Donald Trump suggested that the US may work to curtail crude shipments from Russia, the world’s third-largest producer and a major exporter. ›