07/05/2025 – US duties: a meeting in Switzerland between the delegations of China and the US planned by the end of the week – Read more news

GAS & POWER: According to the latest available data, imports of Russian-origin LNG into Europe dropped by 13% in the first four months of the year compared to 2024. Liquefied gas from Moscow accounted for around 7% of total imports for EU countries in 2024 (16% the figure for LNG from the US)

OIL: The first official signs of détente between China and the United States supported buying early in the day, although uncertainty about global demand reactions to current US trade policies remains high