Oil Prices Decline for Second Consecutive Week Amid Supply Concerns, US Gas Falls with Weak Winter Demand
Oil prices fell for the second week due to oversupply concerns, while US gas prices dropped amid weak winter demand.
Follow oil and gas with Brent and WTI moves, OPEC signals, and supply-demand drivers.
US Natural Gas Prices Rise Over 3% Supported by LNG Exports
US natural gas prices rose over 3% to above $4/MMBtu, driven by LNG exports and profit-taking, despite mild weather limiting gains.
Oil Prices Rise Amid Geopolitical Tensions and Falling U.S. Inventories
Brent crude surpasses $61 and Texas crude approaches $57 per barrel, supported by geopolitical tensions and a decline in U.S. inventories.
Oil Prices Rise Amid Geopolitical Tensions and U.S. Inventory Declines
Oil prices have increased as geopolitical tensions rise and U.S. inventories decline, with prices surpassing $57 per barrel.
US Natural Gas Prices Hit Lowest Level Since October Amid Weather and Supply Pressures
US natural gas prices drop over 2% to $4/MMBtu, lowest since October, due to warm weather and strong supply pressures.
Canadian Oil Sands Companies Pursue Growth Plans Despite Price Decline in 2026
Canadian oil sands firms plan production growth in 2026 despite price declines, driven by confidence and pipeline expansions.
Oil Prices Experience Limited Recovery Amid Venezuela Tensions and Supply Surplus Pressures
Oil prices slightly recovered due to Venezuela tensions but remain pressured by oversupply and weak global demand, facing worst annual performance.
Gasoline Prices Drop to Lowest Level in Nearly 5 Years Amid Global Supply Glut
Gasoline prices in New York have fallen to their lowest level since 2021 due to a supply glut and increased global production.
US Heating Oil Prices Drop to Six-Month Low Amid Supply Glut
US heating oil prices fall to $2.15/gallon, a six-month low, due to supply surplus and easing Russian supply risks.
Oil Prices Drop to Lowest Levels Since 2021 Amid Supply Surplus and Demand Uncertainty
Oil prices hit lowest since 2021, down 22% YTD, due to oversupply and weak demand, despite some geopolitical tensions.
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