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Energy Markets 24 March 2026 - 30 April 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.
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.
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.
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.
Natural Gas Price Week Ahead: Can Henry Hub Hold Above $3 as LNG Outages Tighten Global Supply?

Natural Gas Price Week Ahead: Can Henry Hub Hold Above $3 as LNG Outages Tighten Global Supply?

Natural gas is catching a lift from overseas developments, with Chevron warning it could take weeks for its Wheatstone LNG plant in Australia to ramp back up to full capacity. U.S. May Henry Hub futures, the primary domestic benchmark, settled at $3.035 per million British thermal units on Friday—up 3.65% and still holding close to that $3 mark.
Oil Prices Today: Brent Reclaims $104 as Iran Denies U.S. Talks

Oil Prices Today: Brent Reclaims $104 as Iran Denies U.S. Talks

Oil surged Tuesday, with Brent climbing above $104 after Iran shot down rumors of negotiations with Washington, drawing attention back to supply concerns in the Gulf. Brent futures gained $4.62, settling at $104.56 as of 2:16 p.m. ET. West Texas Intermediate advanced $4.44 to hit $92.57. “The reality on the ground is unchanged,” said Nikos Tzabouras at Tradu.com.
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