Energy commodities traded lower in the latest session, with crude oil benchmarks and refined products witnessing mild selling pressure, even as broader monthly performance remained positive.
Brent crude declined 1.51% to $69.79 per barrel. Despite the day’s fall, Brent has gained 5.28% over the past week, while rising 13.89% over one month and 10.24% over three months. However, longer-term performance remains mixed, with Brent down 0.27% over six months and 1.77% year-on-year.
WTI crude saw steeper losses, sliding 1.95% to $64.31 per barrel. The benchmark remains higher on shorter timeframes, posting a 4.93% weekly gain, 11.71% rise over one month, and 8.10% increase over three months. On a longer horizon, WTI is down 2.93% over six months and 3.96% over one year.
Among refined products, Gasoil fell 1.77% to $707.75 per tonne. The contract remains firmly positive across periods, with gains of 3.81% over one week, 13.60% over one month, 5.52% over three months, and 6.35% over the past year.
Heating oil also traded lower, slipping 1.58% to $2.4615. Despite the decline, the contract has risen 4.38% over the past week, 16.59% over one month, 7.21% over three months, and 5.87% over six months.
In contrast, UK natural gas showed no daily percentage move on screen, trading at 102.00, while posting strong gains of 38.49% over one month and 19.93% over three months, reflecting sharp recent momentum.
Overall, the energy complex reflected short-term profit-taking, with crude oil prices easing on the day, even as monthly and quarterly performance across oil and refined fuels remains firmly positive.
