- July 11th, 2018
Oil falls on trade fears after Trump tariff threat
Oil prices fell on Wednesday after U.S. President Donald Trump threatened to levy new tariffs on China, deepening a trade dispute that could depress energy demand.
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Oil prices fell on Wednesday after U.S. President Donald Trump threatened to levy new tariffs on China, deepening a trade dispute that could depress energy demand.
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British wholesale gas prices fell on Wednesday in an oversupplied market with healthy Norwegian and domestic flows and low demand as temperate weather conditions continue.
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British wholesale gas prices mostly rose on Tuesday morning due to reduced flows from Norway and low wind output. ›
Oil prices rose on Tuesday on escalating concerns over potential supply shortages, with Brent crude leading the way as hundreds of oil workers in Norway were set to strike later in the day. ›
Europe’s power forward contracts set new contract records in the wholesale market on Monday, driven by higher carbon emissions rights, coal and Brent crude prices, while a bullish spot market also lent support. ›
British prompt wholesale gas prices rose on Monday morning as low wind output lifted gas-to-power demand. ›
Oil prices steadied on Monday as an increase in U.S. drilling, likely to lead to higher shale production, balanced evidence of tightening supply. ›
British gas for immediate delivery rose on Friday morning as very low wind output raised demand for gas from power plants. ›
Oil prices seesawed in nervous trading on Friday as the United States slapped a raft of tariffs on Chinese goods in an escalating trade war between the world’s two biggest economies. ›
Oil prices eased on Thursday after U.S. President Donald Trump sent a tweet urging OPEC to reduce prices for crude. ›