Energies
Commodities include agricultural products such as wheat and cattle, energy products such as oil and natural gas, and metals such as gold, silver, and aluminum.
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Heating Oil Hovers at Highest Since 2022
Heating oil futures held above $3.80 per gallon after a two-day rally, remaining near their highest level since June 2022,…
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Nat-Gas Prices Gain on Carry-Over Support from Crude Oil’s Surge
April Nymex natural gas (NGJ26) on Thursday closed up +0.024 (+0.75%). Nat-gas prices on Thursday rallied in sympathy with crude…
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Crude Oil Surges as Strait of Hormuz Remains Closed
April WTI crude oil (CLJ26) on Thursday closed up +8.48 (+9.72%), and April RBOB gasoline (RBJ26) closed up +0.1763 (+6.32%).…
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Chubb to Insure Ships Crossing The Strait of Hormuz
US insurance giant Chubb (CB.US) has been designated as the lead insurer in a program supported by the U.S. International Development Finance…
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EU Natural Gas Extends Advance
European natural gas futures climbed further toward €52/MWh on Thursday, as the Middle East war continued to disrupt LNG shipments…
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Higher Oil Prices Are Here to Stay
The oil price surged above $100 per barrel at one stage on Thursday morning, although it is backing away from…
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WTI trims a part of strong intraday gains; still up over 6% for the day above mid-$93.00s
WTI gains strong positive traction on Thursday amid a further escalation of conflicts in the Middle East. Suspected Iranian attacks…
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China orders immediate ban on fuel exports for March — Reuters
The Chinese government has effectively banned refined fuel exports for March “with immediate effect”, Reuters reported on Thursday. This measure…
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Heating Oil Climbs to 3-½ Year High
Heating oil futures extended their advance by more than 6% to around $3.9 per gallon, reaching their highest level since…
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Gasoline Futures Extends Rally
US gasoline futures continued their rally, rising more than 4% to around $2.9 per gallon, approaching the four-year high reached…
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