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Trump Criticizes UK Net-Zero Policy as Oil and Gas Prices Extend Gains

Trump Criticizes UK Net-Zero Policy as Oil and Gas Prices Extend Gains

Oil markets drew fresh political scrutiny after former U.S. President Donald Trump used a World Economic Forum appearance in Davos to criticize Britain’s net-zero strategy and broader European energy policies. Trump argued that the UK’s Labour government was underutilizing sizeable North Sea resources, suggesting that this restraint contributed to higher energy prices and weaker growth. His comments come as global investors weigh the implications of shifting climate policies on fossil fuel demand, including for Oil – US Crude and Natural Gas, amid persistent debate over energy security versus decarbonization goals.

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Over the past month, Oil – US Crude has gained about 4.96%, reflecting a modest upward trend supported by geopolitical risk and expectations for steady demand, with a current 1-day technical rating that screens as Buy. Natural Gas has been significantly more volatile, advancing roughly 36.60% in the last month, a move likely driven by seasonal factors and evolving supply-demand expectations; its 1-day technical stance also shows a Buy signal, indicating short-term momentum remains positive despite policy headwinds and longer-term transition risks. Investors can explore more updates, prices, and analysis across global markets at Commodities.

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