Oil’s $110 Shock Sets Traders on Edge for Next Week

Oil spent Friday close to $110 a barrel after a late surge put traders on alert for new headlines from the Strait of Hormuz. The key waterway handles about 20% of global oil and LNG shipments. Brent crude futures closed at $109.26 a barrel, up 3.35%. U.S. West Texas Intermediate finished the day at $105.42, up 4.2%.

Energy Markets · Oil Prices
Natural Gas Price Forecast: Storage Surprise Keeps Henry Hub Near $2.80 Before Summer Demand Test

Natural Gas Price Forecast: Storage Surprise Keeps Henry Hub Near $2.80 Before Summer Demand Test

Natural gas futures in the U.S. wrapped up the week just under $2.80 per million British thermal units. Prices held their ground on a lighter storage build, though a decisive move higher remained elusive with spring demand lagging. As of May 8, Trading Economics showed natural gas at $2.80, marking a monthly gain of roughly 5%, but the contract is still off more than 26% compared to the same period last year.
9 May 2026
···
Gas Prices May Stay High Even After an Iran Peace Deal — Here’s Why

Gas Prices May Stay High Even After an Iran Peace Deal — Here’s Why

Gasoline prices across the U.S. stuck close to $4.55 a gallon Friday, traders caught between speculation over a potential U.S.-Iran peace breakthrough and renewed clashes around the Strait of Hormuz. For drivers, there’s not much hope of seeing pre-war prices just yet. AAA listed the national average for regular at $4.546 on May 8—a penny lower than Thursday, still up 15 cents compared to last week, and a hefty $1.39 jump from a year ago.
8 May 2026
Oil Drops Below $100 as Trump-Iran Deal Hopes Put Strait of Hormuz Back in Play

Oil Drops Below $100 as Trump-Iran Deal Hopes Put Strait of Hormuz Back in Play

Oil slid under $100 a barrel Thursday, with traders wagering a partial U.S.-Iran agreement might loosen up the Strait of Hormuz and take some pressure off supply risks tied to the Middle East conflict. Brent crude shed $1.95, down 1.93%, landing at $99.32 as of 0912 GMT. U.S. West Texas Intermediate lost $1.93, settling at $93.15. Both benchmarks had plunged over 7% on Wednesday.
7 May 2026
··
Oil Prices Surge: Trump’s Iran Standoff Sends Brent Past $126 as Gas Hits $4.30

Oil Prices Surge: Trump’s Iran Standoff Sends Brent Past $126 as Gas Hits $4.30

Brent crude spiked past $126 a barrel on Thursday—its highest since 2014—before sliding back as President Donald Trump got ready to review fresh military strategies on Iran. Tehran threatened to target U.S. assets if attacks restart. Central Command chief Adm. Brad Cooper and other top brass were set to brief Trump on plans aimed at pressuring Iran to the table, a U.S. official told Reuters.
30 April 2026
·
Oil Price Today: Brent Climbs Above $103 as Hormuz Risk, U.S.-Iran Deadlock Drive Crude Higher

Oil Price Today: Brent Climbs Above $103 as Hormuz Risk, U.S.-Iran Deadlock Drive Crude Higher

Oil jumped more than $1 a barrel on Thursday, picking up where Wednesday’s rally left off. The market’s attention stayed locked on supply threats, with U.S.-Iran negotiations going nowhere and new disruptions reported in the Strait of Hormuz. Brent crude advanced $1.47 to $103.38 a barrel as of 0931 GMT. U.S. West Texas Intermediate was up $1.40, trading at $94.36.
23 April 2026
·
Natural Gas Price Today Slips Near $2.67 as Storage Cushion Blunts LNG Demand Boost

Natural Gas Price Today Slips Near $2.67 as Storage Cushion Blunts LNG Demand Boost

U.S. natural gas slipped in early trading Tuesday, trimming a portion of its gains from the past four sessions. Traders digested cooler weather projections but kept an eye on robust storage levels. Front-month futures hovered near $2.67 per million British thermal units—down from $2.689 at the last close. The price, measured in mmBtu, reflects a standard heat content in the gas market.
21 April 2026
··
Natural Gas Price Falls, but Europe’s Winter Storage Crunch Keeps Traders on Edge

Natural Gas Price Falls, but Europe’s Winter Storage Crunch Keeps Traders on Edge

European natural gas prices slipped on Wednesday, giving back more of this week’s earlier gains as traders digested Brussels’ warning that a prolonged Gulf supply disruption could still trigger new price surges. The benchmark Dutch TTF front-month contract last changed hands near 41.4 euros per megawatt hour, off 4.5% from Tuesday’s settlement and a sharp retreat from Monday’s peak of 51.3 euros.
15 April 2026
·
Natural Gas Price Today: Europe’s TTF Holds Near €44 as EU Says Supply Is Safe for Now

Natural Gas Price Today: Europe’s TTF Holds Near €44 as EU Says Supply Is Safe for Now

European natural gas prices hovered close to 44 euros per megawatt hour on Thursday, sticking near levels seen after the Dutch TTF benchmark—the region’s key gauge—dropped 15% on Wednesday. Brussels downplayed the Iran crisis, saying there’s no immediate threat to supply. The TTF was last seen trading near 44.48 euros per MWh, the typical reference in the market.
9 April 2026
···
Natural Gas Price Today: European Gas Slips on Profit-Taking as EU Weighs New Crisis Measures

Natural Gas Price Today: European Gas Slips on Profit-Taking as EU Weighs New Crisis Measures

European natural gas prices dropped early Tuesday, with the Dutch front-month TTF contract—Europe’s flagship wholesale gas price—off 2.5% at 53.55 euros per megawatt hour as of 09:03 GMT. Some traders locked in profits after the recent rally and reacted to flickers of de-escalation in the Middle East. The catalyst: a Wall Street Journal piece saying Donald Trump was open to ending action against Iran even if the Strait of Hormuz remained mostly shut, though Reuters couldn’t confirm the story.
31 March 2026
···
Oil Prices Today: Brent Nears $116, WTI Above $101 as Iran War Widens After Houthi Attacks

Oil Prices Today: Brent Nears $116, WTI Above $101 as Iran War Widens After Houthi Attacks

Oil climbed on Monday. Brent, the global benchmark, edged closer to $116 a barrel; U.S. West Texas Intermediate stayed above $101. Traders watched closely after Yemen’s Houthis attacked Israel over the weekend, expanding a conflict many already worried could engulf the Gulf. Brent is now set for its steepest monthly jump since at least 1988, and WTI is tracking its strongest month since May 2020.
30 March 2026
··
1 2 3 4 … 14
Follow on Google News
Add as preferred source Open in Google News