Crude oil futures traded in a tight range this morning as market participants weighed macro demand concerns against lingering geopolitical supply risks. Traders are holding back ahead of official weekly U.S. petroleum inventory reports, which are expected to show a slight drawdown in crude stocks alongside modest builds in distillate…

European natural gas storage levels reached 92% of capacity this week, putting the region on track to enter winter with one of its strongest inventory positions in years. Mild autumn temperatures and steady LNG imports have allowed utilities to keep injecting gas into storage later into the season than usual.…

Henry Hub natural gas futures fell more than 4% this week after updated weather models pointed to milder temperatures across much of the U.S. Midwest and Northeast, easing near-term demand for power-plant cooling. The pullback came despite storage levels that remain slightly below the five-year seasonal average, underscoring how sensitive…

Brent crude held near $78 a barrel after OPEC+ ministers agreed to keep production quotas unchanged through September, opting to monitor demand before adjusting supply further. The decision, confirmed after a brief virtual meeting, removes near-term uncertainty that had weighed on the market in recent weeks amid speculation of an…

Spot liquefied natural gas prices for Northeast Asian delivery jumped to their highest level since last winter, as an early-season heatwave across Japan and South Korea drove a surge in power-plant demand for cooling. Platts assessed the JKM benchmark climbing past $14 per million British thermal units, with utilities restocking…

Henry Hub natural gas futures dropped to $2.10 per MMBtu, a three-month low, as forecasts point to below-normal cooling demand across the southern United States through late July. Storage inventories are running about 9% above the five-year average after a mild start to summer, easing concerns about supply tightness heading…