Oil prices rise amid indications of increased demand from Europe and China, coupled with a reduction in US production. Brent crude futures increased by 37 cents a barrel, representing a 0.6% rise, reaching $62.52 a barrel by 1215 GMT. Meanwhile, U.S. West Texas Intermediate crude stood at $59.53 a barrel, up by 44 cents, or Read More
U.S. natural gas futures experienced an 8.1% decline over the past week, as the market faced significant volatility driven by tariffs. Meanwhile, near-term fundamentals continue to indicate a bearish outlook as the industry transitions into the low-demand shoulder season. NatGasWeather.com has indicated in a recent note that assessing the impact of weather trends on prices Read More
U.S. natural gas futures have retraced a portion of the gains observed yesterday, which were influenced by weather conditions, yet they remain above the $4 threshold that was regained last week. Recent short-term projections have increased, yet the persistence of cold conditions through the weekend is expected to stimulate some late-season heating requirements. According to Read More
