- April 7th, 2025
European Gas Prices Extend Slump as Market Rout Worsens
European natural gas prices extended declines, following oil and global stocks lower as the tariff-induced market rout worsened. ›
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. ›
Oil fluctuated as the market weighed Donald Trump’s mixed remarks about the threat of fresh penalties on Russian crude if his counterpart Vladimir Putin refuses a ceasefire with Ukraine. ›
European natural gas prices are set for the first weekly loss in three as the heating season draws to an end and attention fully shifts to restocking for next winter. ›
Oil headed for a third weekly advance as the market braced for more tariffs from the Trump administration due early next week. ›