Today: 21 March 2026
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Energy Markets 6 February 2026 - 13 February 2026

Oil prices tumble more than $1 as IEA demand cut hits Brent, WTI and stocks build

Oil prices tumble more than $1 as IEA demand cut hits Brent, WTI and stocks build

Oil prices fell over $1 a barrel Thursday after the International Energy Agency cut its 2026 demand growth forecast and U.S.-Iran tensions eased. Brent crude dropped $1.26 to $68.14, while U.S. West Texas Intermediate lost $1.24 to $63.39 by mid-morning. U.S. crude inventories rose by 8.5 million barrels last week, according to the Energy Information Administration.
Heating oil price today: ULSD futures slip as Iran risk premium cools and U.S. stock data looms

Heating oil price today: ULSD futures slip as Iran risk premium cools and U.S. stock data looms

NYMEX heating oil futures fell 0.7% to $2.3996 a gallon in early Tuesday trade, tracking a pullback in crude after Monday’s gains tied to shipping risks near Iran. Brent crude slipped 24 cents to $68.80 a barrel. Traders await U.S. distillate inventory data due Wednesday. The U.S. issued new guidance for vessels near the Strait of Hormuz, fueling volatility.
Natural gas price dives as warm forecasts bite; Expand Energy stock slumps on CEO exit

Natural gas price dives as warm forecasts bite; Expand Energy stock slumps on CEO exit

U.S. natural gas futures dropped over 8% Monday to $3.141/mmBtu, hitting a three-week low as forecasts showed warmer weather likely to cut demand. Expand Energy shares fell 6.4% after CEO Domenic Dell’Osso’s exit and plans to relocate headquarters to Houston. EQT and Antero Resources also declined, while Cheniere Energy gained. Lower 48 gas output rose to 106.9 bcfd in February, with demand projected to fall sharply.
Natural gas price today: U.S. Henry Hub futures slide about 7% as warmer forecasts bite

Natural gas price today: U.S. Henry Hub futures slide about 7% as warmer forecasts bite

U.S. natural gas futures dropped about 7% premarket Monday, with the March NYMEX contract down 25.2 cents to $3.17 per mmBtu. Traders cited warmer forecasts and falling demand projections, while U.S. output and LNG exports stayed high. Active gas rigs rose to 130, a 2.5-year high. The market is watching Thursday’s storage report for direction.
Natural gas prices head into a new week under pressure as drilling rises and forecasts turn milder

Natural gas prices head into a new week under pressure as drilling rises and forecasts turn milder

U.S. Henry Hub natural gas futures fell 2.5% to $3.422 per mmBtu Friday, pressured by increased drilling and warmer forecasts. The U.S. gas-directed rig count rose by five to 130, while Lower 48 output averaged 106.9 bcfd so far in February. Demand, including exports, is projected to drop sharply over the next two weeks. The United States Natural Gas Fund slipped 2% at the close.
Natural gas price heads into next week under pressure as warm forecasts, rising rigs crowd the trade

Natural gas price heads into next week under pressure as warm forecasts, rising rigs crowd the trade

U.S. natural gas futures fell 2.5% Friday, settling at $3.422 per mmBtu as warmer weather forecasts and increased drilling weighed on prices. The latest EIA report showed a record 360 Bcf weekly storage withdrawal, leaving inventories 1.1% below the five-year average. Traders are watching mid-February weather models and the next storage update.
7 February 2026
Natural gas slips after a record storage draw — warm U.S. forecasts take back control

Natural gas slips after a record storage draw — warm U.S. forecasts take back control

U.S. natural gas futures for March fell 9.9 cents to $3.41 per mmBtu Friday as warmer forecasts and a higher gas rig count pressured prices. The EIA reported a record 360 bcf storage withdrawal for the week ended Jan. 30, leaving stocks 27 bcf below the five-year average. Traders now await the Feb. 12 storage report and late-winter weather updates.
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Stock Market Today

  • Cotton Futures Slip Amid Export Sales Decline and Mixed Commodity Signals
    March 21, 2026, 4:48 AM EDT. Cotton futures declined Friday, with front-month contracts falling 20 to 32 points. Export sales data revealed total cotton export commitments at 9.354 million running bales (RB), down 9% year-over-year and trailing USDA's pace at 83% of forecast versus a 5-year average of 96%. Shipments also lagged, down 5% from last year and at 47% of USDA's estimate. Crude oil rose $2.51 to $98.09 per barrel, while the U.S. dollar index dropped slightly to 99.345. Market-specific indicators such as The Seam's sales and the Cotlook A Index showed modest softness or stability, with certified cotton stocks steady. The Adjusted World Price was increased by 2.72 cents to 54.22 cents per pound, highlighting mixed signals for cotton traders.
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