The global energy market is heating up fast. Prices are rising across most segments. Oil is leading the rally. Gas and fuel products are also moving higher. Some exceptions remain, but the overall trend is clear.
Crude oil and brent prices jump sharply
Crude oil is now at 95.036 USD per barrel. It gained 1.536 in a single day. This is a 1.64 percent rise. The weekly jump stands at 13.94 percent. Monthly gains are even stronger at 46.17 percent. Year to date growth is at 65.60 percent. On a yearly basis, crude oil is up 42.45 percent.
Brent crude has crossed the 100 mark. It is now at 102.252 USD per barrel. It rose 2.042 in a day. That is a 2.04 percent increase. Weekly gains are at 16.42 percent. Monthly growth stands at 45.30 percent. Year to date performance is strong at 67.98 percent. Yearly gains are at 44.86 percent.
Urals oil is also showing strength. It is priced at 93.86 USD per barrel. Despite a weekly drop of 6.76 percent, it has surged 86.08 percent monthly. Year to date gains are at 69.88 percent. Yearly growth stands at 46.98 percent.
Natural gas and fuel prices show mixed trend
Natural gas is trading at 3.0723 USD per MMBtu. It gained 1.63 percent in a day. Weekly growth is low at 1.95 percent. Monthly growth is at 2.26 percent. But yearly data shows a decline of 24.01 percent.
Gasoline prices are rising fast. It is now at 3.0778 USD per gallon. Daily gains are at 2.58 percent. Weekly growth stands at 16.64 percent. Monthly increase is huge at 56.79 percent. Year to date growth is at 80.00 percent.
Heating oil is the top performer. It is priced at 4.0366 USD per gallon. It jumped 5.19 percent in one day. Weekly growth is 20.15 percent. Monthly surge stands at 59.65 percent. Year to date increase is at 89.54 percent. Yearly growth is a massive 82.96 percent.
Propane is weaker in the short term. It fell 1.36 percent daily. But monthly growth is still strong at 21.46 percent.
Global energy market trends show strong yearly growth
Coal is priced at 135.00 USD per ton. It dropped 1.68 percent in a day. Weekly decline is 6.12 percent. But yearly growth is still solid at 36.71 percent.
TTF gas in Europe is at 52.09 EUR per MWh. It gained 2.37 percent daily. Monthly growth is 65.48 percent. Year to date rise is 84.99 percent. UK gas is also moving up. It is at 132.9031 GBp per therm with strong gains across all time frames.
Naphtha is priced at 815.19 USD per ton. It saw a small daily drop of 0.41 percent. But monthly growth stands at 50.35 percent. Year to date gains are at 66.92 percent.
Uranium is at 86.1500 USD per pound. Growth is slow in the short term. But yearly gains are strong at 35.03 percent.
Methanol is trading at 2859.00 CNY per ton. It gained 0.53 percent daily. Weekly growth is 14.36 percent. Monthly increase is at 27.18 percent.
German gas shows a different trend. It fell 9.66 percent weekly. But monthly growth is still high at 66.68 percent.
The energy market is clearly in an uptrend. Oil is leading the move. Fuel products are following. Gas shows mixed signals. But yearly data confirms strong growth across most segments.