Please fill out the form below and we will get back to you as soon as possible.
US gasoline futures rose above $3.15 a gallon, extending gains for a second session amid tightening fuel supply. Elevated tensions between the US and Iran remain an upward pressure, threatening further constraints to production and supply. Adding to the pressure, persistent attacks from Ukraine in Russian refineries pushed runs to multi-year lows. Meanwhile, EIA data […]
Crude oil traded around $91.2 a barrel on Friday and was up more than 9% for the week, marking its strongest weekly performance since mid-July, as the war in the Middle East continued with little prospects of peace. Iran and the US exchanged missile strikes this week, while Israelโs defense minister threatened โcripplingโ attacks on […]
October WTI crude oil (CLV26) closed up +0.18 (+0.20%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0797 (+2.54%). Crude oil and gasoline prices recovered from early losses and settled higher on Friday. Pre-weekend short covering lifted crude prices on Friday ahead of the three-day US Labor Day holiday weekend. Crude oil initially moved […]
October Nymex natural gas (NGV26) on Friday closed up +0.062 (+2.13%). Nat-gas prices settled higher on Friday but remained below Thursdayโs 1.75-month nearest-futures high. Nat-gas prices rose on Friday as US weather forecasts shifted to hotter for mid-September, potentially boosting nat-gas demand from electricity providers as air-conditioning use increases. According to weather forecaster Vaisala, forecasts shifted […]
West Texas Intermediate (WTI) โ the benchmark US Crude Oil price โ trades below the $90.00 mark during the Asian session on Friday and remains close to its highest level since July 24, touched earlier this week. The commodity remains on track to register its steepest weekly gains since mid-July amid renewed US-Iran hostilities and supply […]
US natural gas futures rose to $2.92 per MMBtu on Friday after sliding 1.5% in the previous session, as investors weighed forecasts for hot weather and improving LNG export activity against ample domestic supplies. Hot weather across the continental US kept cooling demand elevated, supporting gas consumption for power generation. At the same time, average […]
European natural gas prices fell for a second session to around โฌ71.5 per MWh on Friday as investors assessed renewed tensions in the Middle East. The latest flare-up came after a US attack on Iran triggered retaliatory strikes on American bases across the region, sending European gas prices to their highest level in more than […]
Crude prices resumed their upside trend on Thursday after some hesitation on Wednesday, with the US benchmark West Texas Intermediate reaching session highs a few cents below $91.00 per barrel, almost 10% up on the week so far. The resumption of hostilities between the US and Iran this week is pushing Oil prices higher amid growing concerns […]
Crude oil prices remained volatile on Thursday, swinging around $91 a barrel and trading near their highest levels in more than a month as investors continued to monitor the situation in the Middle East, including the evolving strikes and their impact on oil supplies through Hormuz. Hostilities resumed earlier this week for the first time […]
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $89.10 during the early European trading hours on Wednesday. WTI declines as traders take some profits. However, the potential downside of black gold might be limited amid ongoing tensions in the Middle East. Iranโs Islamic Revolutionary Guard Corps (IRGC) claimed it has launched a โheavyโ ballistic missile attack on […]
