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
In early trading on Wednesday, oil prices experienced a significant decline, reaching their lowest levels in over four years. This downturn is attributed to growing concerns over demand, exacerbated by an intensifying tariff conflict between the United States and China, the two largest economies globally, alongside an increasing supply forecast. Brent futures experienced a decline of Read More
Oil prices extended their decline on Monday, tumbling nearly 3% to reach levels not seen since 2021, as an intensifying U.S.–China trade dispute sent shockwaves through global commodity markets. The rout, which also dragged down base metals and agricultural products, reflects mounting investor anxiety over the prospect of a worldwide economic slowdown. In Asian trading, Read More
On Thursday, eight OPEC+ nations reached an unexpected consensus to expedite their strategy for phasing out oil production cuts, opting to raise output by 411,000 barrels per day in May. This decision led to a continuation of the significant declines in oil prices observed earlier. Oil prices, having already decreased by more than 4% following Read More
Oil prices decline even in the face of Trump’s caution regarding potential tariffs on Russian purchasers. Oil prices declined on Monday, positioning themselves for a slight quarterly loss. This movement occurred in the context of a cautionary statement from U.S. President Donald Trump, indicating the potential for secondary tariffs on purchasers of Russian oil should Read More
