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Industry News from Energy Services

  • February 4th, 2025

Europe Gas Prices Fall After China Hits Back Against US Tariffs

European natural gas prices snapped a five-session rally after China hit back at US tariffs with its own levies on a range of commodities — including LNG — possibly leaving more fuel available for European buyers. ›

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  • February 4th, 2025

U.S. crude prices down nearly 2% as tariffs on China take effect

U.S. crude prices fell by nearly 2% on Tuesday as U.S. tariffs on China took effect, though President Donald Trump paused for a month a decision on steep levies on neighbours Canada and Mexico. ›

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  • February 3rd, 2025

Oil prices climb after US tariffs spark supply disruption fears

Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption from the two biggest suppliers to the U.S., but the prospect of lower fuel demand capped gains. ›

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