Key takeaways Surprise from inventory data and force majeure on the pipeline Natural gas prices are falling for the third consecutive day. It is worth noting that on Wednesday we observed a pullback of almost 5%, which was largely erased. Looking at yesterday’s strong bearish candle and today’s continuation, we are testing the area around […]
Energy commodities are trading lower, led by a 1.62% decline in natural gas. Heating oil falls 1.19%, gasoline drops 1.11%, US crude oil declines 0.68% and Brent crude slips 0.54%. The broad-based weakness points to selling pressure across the energy complex, although the available price changes alone do not confirm whether the move reflects weaker […]
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges lower during the Asian session on Friday, trading as it holds above mid-$95.00s and remains close to a nearly four-week high, touched the previous day. US President Donald Trump stated that he would not use nuclear weapons in Iran and does not […]
Today Markets Analysis European natural gas prices eased to €85.50 per megawatt-hour, but remain close to a multi-year high as the market confronts a difficult supply outlook ahead of the heating season. EU gas storage is only 74.1% full, leaving Europe more exposed to colder weather, shipping disruption and competition for liquefied natural gas (LNG). […]
Today Markets Analysis Crude oil traded above $97 per barrel on Friday and was on track for a weekly gain exceeding 6%, as escalating Middle East tensions increased concerns over the security of global oil supplies. Disruption risks around the Strait of Hormuz, rising tanker rates and a sharp drawdown in US crude inventories are […]
Today Markets Analysis US heating oil futures have fallen below $4.80 per gallon, extending losses for a third consecutive session as expectations of increased fuel availability weigh on prices. Accelerated releases of emergency oil stocks and the resumption of Russian diesel exports are easing some supply concerns. However, the decline is taking place against a […]
Natural gas markets are facing contrasting regional dynamics, with US futures rising towards a three-week high ahead of the latest storage report, while European prices remain elevated amid concerns over winter inventories and disrupted liquefied natural gas (LNG) supplies. US natural gas is trading around $3.25 per million British thermal units (MMBtu), supported by lower […]
US heating oil futures have retreated to around $4.85 per gallon, moving lower alongside crude oil as traders assess potential changes to sanctions on oil shipments and the outlook for global energy flows. However, declining US distillate inventories and continued disruption risks around key shipping routes could limit further downside. The market’s next direction will […]
Energy commodities are showing divergent price movements, with propane rising 2.36% and crude oil gaining 0.91%, while Brent crude advances a more modest 0.18%. Methanol and ethanol are moving lower, highlighting different supply-and-demand dynamics across the energy complex. The outlook will depend on petroleum supply conditions, seasonal heating demand, refinery activity and the economics of […]
Crude oil has retreated towards $94 per barrel after a five-session rally, with technical correction and profit-taking weighing on prices. However, the outlook remains sensitive to geopolitical developments, shipping disruptions and potential changes to US sanctions policy. While efforts to ease global freight costs could improve supply flows, escalating tensions around key oil-producing regions continue […]