NEWSLETTER
May 29, 2025





Crude Oil
• Oil prices climb nearly $1 as US court blocks Trump tariffs
• Oil also gains on supply concerns, July OPEC+ output decision
• U.S. Offshore Oil Production Set To Jump
• Is Crude Oil at a Major Inflection Point?
• US crude oil storage demand surges as traders brace for OPEC+ price war
Natural Gas
• Warmer Weather Forecasts Defuse Supply Angst to Lift Natural Gas Futures
• OPEC+ Talks and Global Sanctions Stir Price Volatility
• South Africa proposes buying US LNG as seeks trade deal
Steel & Tariff News
• Federal court blocks Trump from imposing sweeping tariffs
• U.S. Court of International Trade: “Illegal”
• Trump delays EU tariffs until July 9, European markets rally
• Dissecting Trump’s US Steel–Nippon partnership announcement
• Nippon expected to close acquisition of U.S. Steel at $55 per share
• US Poised to Get “Golden Share” in US Steel-Nippon Steel Deal
Other News
• Trump warns Putin is ‘playing with fire’ over War in Uk raine


