In a stunning pivot, President Trump’s decision to pause reciprocal tariffs on most nations—while slamming China with a 125% levy—appears less a calculated masterstroke and more a frantic response to trembling financial markets. Clay Lowery, a former Treasury heavyweight now at the Institute of International Finance, revealed the move was sparked by a panicked exodus...Continue Reading

China has doubled down in its trade war with the United States, vowing to “fight to the end” as tensions escalate.  On Thursday, Beijing rejected talks with Washington, slamming President Trump’s decision to raise tariffs on Chinese imports to 125% from 104%. In retaliation, China imposed an 84% tariff on U.S. goods, effective immediately.  Trump’s...Continue Reading

European benchmark natural gas prices jumped by 8% on Thursday morning after the 90-day pause in U.S. tariffs on all but China eased concerns that recessions would hit industrial and natural gas demand in Europe. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, opened Thursday’s trade in Amsterdam with an 8% surge....Continue Reading

Overproducing Kazakhstan Discusses Oil Output Cuts With Firms | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 10, 2025, 8:00 AM CDT Kazakhstan, which has been pumping oil above its...Continue Reading

U.S. Oil Exports to China Set to Stop Amid Tariff War | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 10, 2025, 6:47 AM CDT China has been buying lower...Continue Reading

Trade War Could Slow Down the AI Boom | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Apr 10, 2025, 5:34 AM CDT Growth in the AI data center sector could...Continue Reading

The U.S. shale industry is being hit by the crash in oil prices, which have slumped since President Donald Trump’s tariff announcement last week. Despite the strong relief rally on Wednesday, following President Trump’s 90-day pause of tariff hikes on most countries except China, the U.S. benchmark oil price is now lower than the breakeven...Continue Reading

EU Ready to Buy More U.S. LNG to Make Trump Happy | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 10, 2025, 3:30 AM CDT The European Union is ready to commit...Continue Reading

China and the EU Signal Possibility for Closer Trade Relations | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 10, 2025, 2:31 AM CDT Chinese and EU officials this week signaled the...Continue Reading

Latest Trade War Shot Sends Oil Prices Lower | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 10, 2025, 1:26 AM CDT Crude oil prices resumed their downward trajectory today after jumping...Continue Reading