Energy Commodities Markets Start Week Higher - The State Signal

Energy Commodities Markets Start Week Higher

ByThe State Signal Newsdesk

USA – Energy commodities markets opened the week higher on Monday as uncertainties around Middle East tensions persist.

Energy prices closed last week with double-digit declines after US President Donald Trump announced that the Strait of Hormuz was completely open, while Iran’s contradictory statements have caused uncertainties.

Brent futures were traded for around $95 as of 0645GMT, up 5.5%, and West Texas Intermediate (WTI) soared by 6.1% to $88.9 per barrel.

Natural gas prices in Europe jumped as the Dutch TTF Gas index increased by 6.4% to €41.2 ($48.4) per megawatt hour.

Heating oil prices went up by 5.7% to $3.5 per gallon.

Help The State Signal reach more people by sharing.

Share on Pinterest Share on LinkedIn Share on Reddit Share on WhatsApp Share on Pocket Share on Telegram Share on Hatena Share on Bluesky Share on SMS

A collaborative team of writers and editors dedicated to delivering high-quality content covering current events and breaking news stories. Their collective work reflects a commitment to journalistic integrity, storytelling excellence and a passion for sharing impactful content.

News You Missed

Leave a Reply