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US heating oil prices rose to around $4.58 per gallon, snapping a two-day decline and remaining close to the record $5.20, as the refined products market remained tight. EIA data showed US distillate inventories at historically low levels, while refinery maintenance and seasonal demand are expected to keep supplies und
European natural gas prices climbed above €76/MWh on Monday, their highest level in two weeks, as ongoing security risks around the Strait of Hormuz continued to threaten LNG flows from the Persian Gulf. The waterway, which handled roughly a fifth of global oil and LNG trade before the war, has seen attacks on vessels
Austria's consumer price inflation accelerated in September to the highest level in four months amid higher fuel and heating oil prices.
Heating oil futures climbed above $4.70 per gallon, approaching the record $5.20 reached in mid-September, as tighter diesel supplies added pressure to fuel markets ahead of winter. Russia has extended its restrictions on most diesel exports through October, while also maintaining curbs on bunker fuel and gasoil shipme
Belgium’s economics ministry reported September consumer prices up 0.39% month-on-month and 4.69% year-on-year, with month-on-month gains mainly in motor fuels, natural gas, electricity, package holidays and heating oil.
US heating oil futures rose above $4.70 per gallon, halting a three-day decline, as weaker diplomatic hopes in the Middle East outweighed uncertainty over potential US diesel export restrictions. President Donald Trump rejected Iran’s conditional proposal to reopen the Strait of Hormuz, dimming prospects for a quick re
Industry groups and businesses have urged President Donald Trump to rescind the plan to ban or limit exports of diesel, which has been pushed back against by Energy Secretary Chris Wright amid record-high diesel prices and energy shocks due to the Strait of Hormuz uncertainty, as well as the Russia-Ukraine war. Diesel
US heating oil futures rose above $4.80 per gallon, partially recovering their losses from the previous session, after the White House denied reports that the US was preparing a 90-day diesel export ban. Energy Secretary Chris Wright also said the administration was instead working with refiners to increase US diesel s
US OIL: September 23- Americas End of Day Oil Summary: Crude Rises WTI Crude ended higher as optimism around US-Iran diplomatic efforts has eased following more hardline rhetoric from Iranian officials in recent hours. Crude prices held onto earlier gains after the updated EIA weekly petroleum inventory data. Diesel ma
US OIL: September 23- Americas Midday Oil Summary: Crude Rises WTI Crude has risen as earlier optimism around US-Iran diplomatic efforts has eased following more hardline rhetoric from Iranian officials in recent hours, though eased back from daily highs after a senior Iranian official told Reuters that Tehran was revi
European gas has followed oil lower this week on hopes that diplomacy on the sidelines of this week's UN gathering will result in a reopening of the Strait of Hormuz. In contrast, US prices are sharply higher due to cut backs in production to their lowest since July due to the current "shoulder season". * President Tru
A global diesel shortage, exacerbated by conflicts in Ukraine and Iran, is unlikely to ease before next year. US diesel inventories are at a record low for this time of year, and the EIA forecasts them to remain below 100 million barrels through 2026 and into 2027.
(Repeats Thursday's column to additional subscribers without any changes. The views expressed here are those of the author, the chief market analyst for Zaner Ag Hedge and former Reuters agricultural columnist.) By Karen Braun NAPERVILLE, Illinois, Sept 17 (Reuters) — U.S. farmers have just begun harvesting another hug
The U.S. 10-year Treasury yield broke above 5% on Tuesday, and crude oil stormed past $105 a barrel, a combination that left every major U.S. equity index in the red at midday. President Donald Trump said on Truth Social that “the world’s diesel price rise is mostly caused by the Russia/Ukraine War, not Iran.” West Tex
UK natural gas prices rose 4% to above 206 pence per therm, the highest level since December 2022.
European natural gas prices jumped more than 3% to above €82/MWh on Monday, the highest level since December 2022, as tensions in the Middle East persist. Saudi Arabia has closed a critical oil pipeline after drone attacks, while an advance by Yemen’s Houthis fueled concerns over further disruptions to global energy su
US heating oil prices climbed to around $5.12 per gallon, the highest level on record, amid tighter refined-product supplies.
Perma-Pipe International reported second-quarter net sales of $59.6 million, up 24% year over year, and net income of $2.5 million versus $0.9 million a year earlier.
US heating oil prices rose above $4.63 per gallon, moving back toward record highs amid constrained refined-product supply. Escalating Middle East strikes and Strait of Hormuz disruptions add pressure as global diesel remains limited.
UK natural gas prices rose toward 183 pence per therm, hovering near a highest level in more than three and a half years, as LNG supply from the Persian Gulf remained severely disrupted amid heightened US-Iran tensions.
European natural gas climbed to €73.7/MWh, hovering at the highest level in more than three and a half years. LNG supply from the Persian Gulf remained severely disrupted amid US-Iran tensions.
European natural-gas prices climbed more than 2%, trading just shy of 74 euros a megawatt-hour, as LNG supply from Qatar remains severely disrupted and markets near the 2026/27 heating season.
US heating oil prices hovered near $4.60 per gallon, close to the $4.73 record high on September 2. Supplies remain tight as distillate fuel stocks rose 796 thousand barrels to still sit 14% below the five-year average.
US heating oil prices rose to around $4.45 per gallon, nearing a five-month high. Distillate inventories fell 2.2 million barrels to 103.4 million in the week ending Aug. 21, while global supply disruptions keep the refined-fuel market tight.
US heating oil prices stayed around $4.25–$4.50 a gallon while supplies fell to the lowest seasonal level on record. US distillate inventories dropped to 103.4 million barrels in the week ended Aug. 21.
Diesel refining margins surged to about $100/bbl on Tuesday after reaching $102/bbl on Monday, according to Bloomberg, as the Iran war tightens global fuel supplies.