UNL

Oil prices turn positive as traders continue to weigh demand prospects

Both U.S. And Brent crude oil futures finish at highest levels in more than a week. Oil prices bounced off early losses to finish higher Thursday. U.s. Natural gas extended Wednesday's sharp drop as EIA report showed larger than expected build in gas storage.

U.S. natural gas inventory net change of +92 Bcf for week ended April 19 - EIA

U.S. Natural gas inventory net change of +92 Bcf for week ended April 19 - EIA. Stocks were 439 Bcf higher than last year at this time and 655 Bcf above the five-year average. Total working gas stocks for the week of April 19, 2024, were 2,425 Bcf.

U.S. natural gas futures plunge nearly 9% on oversupplied market

U.S. Natural gas futures plunge nearly 9% on oversupplied market. Front-month Nymex natural gas for May delivery closed -8.7% to lowest settlement value since March 26. First tanker in 12 days reportedly set sail from Freeport LNG's Texas export terminal.

Weekly Report: what happened at UNL last week (0415-0419)?

Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease

Commodities Energy Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease. Crude oil prices fell more than 2% on Monday as Middle East tensions eased. Brent futures fell 0.58% to $86.58 a barrel. Gold prices retreated as well, registering a third consecutive weekly loss.

Oil rally fades as fears ease over Israel-Iran hostilities; week ends lower

Crude oil futures posted a second straight weekly loss. Israel and Iran exchanged tit-for-tat strikes in the Middle East. The energy sector ended the week -1.2%. China's Q1 gross domestic product increased 5.3% Y/Y, sending bullish signal to oil markets.

U.S. natural gas inventory net change of +50 Bcf for week ended April 12 - EIA

U.S. Natural gas inventory net change of +50 Bcf for week ended April 12 - EIA. Total working gas is above the five-year average of 2,333 Bcf. Stocks were 424 Bcf higher than last year and 622 Bcf above the average for the same period.

European gas pushes higher, recouping YTD losses, on rising supply fears

European natural gas prices jump to their highest levels since January. European gas prices have recouped 30% of their YTD losses on rising supply fears. Russian strikes on Ukrainian energy infrastructure and Middle East tensions have pushed prices higher. Europe does not source gas from the Middle East, but relies on global markets.