Oil Rises 2% on US-EU Trade Deal, Trump’s Shorter Deadline for Russia
Oil prices rose after news of an EU-U.S. trade deal and President Donald Trump’s announcement that he would shorten the deadline for Russia to end its war in Ukraine.
US LNG Producers Climb as EU Agrees to $750B in Energy Purchases
LNG developers led gains for U.S. energy companies in early trading on July 28 after the EU pledged $750 billion worth in strategic purchases as part of a sweeping trade pact.
US LNG Producers Soar as EU Agrees to $250 Billion in Annual Purchases
Shares of U.S. liquefied natural gas developers surged in premarket trading on Monday, after the European Union pledged to purchase $750 billion worth of the super-cooled fuel over the next three years as part of a sweeping trade pact. NextDecade, Venture Global, and Cheniere Energy jumped between 7% and 8.8%, with the deal bolstering the …
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Europe Reacts With Mix of Relief and Concern to US Trade Deal
European governments and companies reacted with both relief and concern on Monday to the framework trade deal struck with U.S. President Donald Trump, acknowledging what was seen as an unbalanced deal but one that avoided a deeper trade war. The agreement, announced on Sunday between two economies that account for almost a third of global …
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COMMENTARY: EU’s Pledge for $250 billion of US energy Imports is Delusional
There are strong echoes of Donald Trump’s failed trade deal with China from his first term as U.S. president in the framework agreement reached with the European Union. Trump and EU Commission President Ursula von der Leyen announced the deal for a 15% tariff on U.S. imports of EU goods at the U.S. leader’s …
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Exclusive: GeoSouthern, Williams Market Haynesville Gas Assets
Joint venture partners GeoSouthern Energy and Williams Cos. are marketing natural gas assets in the core of the Haynesville, where buyer demand is increasing but M&A targets are scarce.
IT’S NOT EASY BEING GREEN: Cancelled and Postponed Green Hydrogen Projects
MADRID, July 23 (Reuters) – Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and weak demand for the low-carbon fuel have made many ventures unviable. Here are some projects that have been cancelled, postponed or scaled back. EUROPE Energy company LEAG’s plans to build one of Europe’s …
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Stocks Cheer the Art of Trump’s Trade Deals after EU Agreement
Global stocks rose and the euro firmed on Monday after a trade agreement between the United States and the EU lifted sentiment and provided clarity in a pivotal week headlined by the Federal Reserve and the Bank of Japan policy meetings. The U.S. struck a framework trade agreement with the European Union, imposing a 15% …
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Key Elements of EU-U.S. Trade Deal
The U.S. and the European Union agreed on a framework trade deal on Sunday, ending months of uncertainty for industry and consumers on both sides of the Atlantic. Here are the main elements of the deal: * Almost all EU goods entering the U.S. will be subject to a 15% baseline tariff, including cars, which …
Oil Rises as US-EU Deal Lifts Trade Optimism
Summary US and EU avert trade war with 15% tariff deal US, China to resume tariff talks in effort to extend truce OPEC+ panel likely to keep oil policy steady on Monday, sources say Reuters) – Oil prices rose on Monday after the U.S. reached a trade deal with the European Union and may extend …