Global energy markets remained highly volatile as oil, gas and fuel prices witnessed sharp movements across major commodities. Gasoline emerged as one of the strongest performers with year to date gains of 108.84%, while Urals oil surged 89.47% since the start of the year despite recent corrections.
Crude oil and Brent crude also traded higher during the latest session as investors continued to monitor geopolitical tensions, supply concerns and inflation risks.
Crude oil and Brent prices rise despite weekly losses
Crude oil prices climbed 1.57% to 96.916 USD per barrel while Brent crude gained 1.99% to reach 103.302 USD/Bbl.
Despite the latest recovery, weekly performance remained under pressure. Crude oil declined 8.86% during the week while Brent crude dropped 9.66%.
Long term performance, however, stayed extremely strong. Crude oil posted yearly gains of 56.57% while Brent crude surged 59.15% compared to last year.
Urals oil witnessed one of the sharpest yearly rallies in the market with a massive 69.78% yearly gain. The commodity also jumped 3.25% in the latest session.
Natural gas and TTF gas prices jump over 3%
Natural gas prices moved sharply higher during the trading session. U.S. natural gas gained 3.36% to 2.8495 USD/MMBtu while TTF Gas in Europe climbed 3.74%.
UK Gas prices also surged 3.90%, reflecting ongoing volatility in global gas markets.
However, yearly performance for natural gas remained negative. U.S. natural gas prices were still down 21.82% compared to last year despite the latest rebound.
German Gas prices rose 1.17% in the latest session and remained up 28.01% yearly.
Gasoline and heating oil remain among top performing energy commodities
Gasoline prices continued their strong rally with a 1.24% daily increase. The fuel commodity gained 67.60% yearly while year to date gains crossed 108%.
Heating oil remained relatively stable during the session with a small 0.04% rise. Still, the commodity posted yearly gains of 84.69%, making it one of the strongest energy performers of 2026.
Naphtha also surged 2.85% in the latest session and remained up 52.92% yearly.
Propane prices jumped 2.82% while LNG JKM prices remained nearly flat with a 0.18% daily rise.
Coal and uranium show weaker momentum
Coal prices slipped 0.34% while ethanol dropped 1.78% during the latest session.
Uranium prices also remained mostly flat with a small 0.06% decline. However, uranium still maintained yearly gains of 22.70%.
Coking coal moved lower by 0.52% but continued to stay in positive territory on a monthly and yearly basis.
The broader energy market continues to witness rapid price swings as traders react to geopolitical tensions, inflation concerns, supply disruptions and shifting demand expectations across global economies.