BLPS Weekly Market Newsletter 03-11-2025

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Crude Oil

• Oil edges higher, but recession fears and tariffs limit gains

• US estimates it will take $20 billion and years to refill oil reserve

• US Energy Secretary Shale Could Boost Production Even at $50 Oil

• OPEC+ to proceed with planned April oil output hike

Natural Gas

• How Natural Gas Became America’s Most Important Export

• Natural gas is dominating the conversations at CERAWeek 2025

• Microsoft is open to using natural gas to power AI data centers

• US Nat Gas Prices Rise on Cold Weather, Supply Concerns Ahead of Summer

Steel

• Trump raises Canadian steel, aluminum tariffs to 50%

• Steel chiefs urge Trump to resist calls for tariff exclusions

• Five Steel Groups Pledge Support for Steel Tariffs, Applaud Actions

• What happened the last time Trump imposed tariffs on steel and aluminum

• UK Pushes for Last-Minute Exemption From Trump Steel Tariffs

• Japan’s trade minister fails to win tariff exemption assurance from US

• Dow tumbles 700 points...

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