Energy markets show mixed moves. Oil stays strong. Gas markets remain weak. Some fuels are rising fast on a yearly basis.
Crude oil and brent price rise over 3 percent in a day
Crude oil is now at 103.551 USD per barrel. It gained 3.62% in a day. Weekly growth stands at 11.65%. Year to date growth is a massive 80.75%. Year on year gain is 78.30%.
Brent is even higher at 115.239 USD per barrel. It rose 3.58% in a day. Weekly jump is 13.17%. Monthly growth is 7.40%. YTD surge is 89.54%. YoY growth is 88.89%.
Urals oil is also strong at 108.57 USD. It gained 1.65% in a day. YTD growth is 115.25%. That is one of the highest in the market.
Natural gas falls 28 percent YTD while global gas prices stay volatile
Natural gas is trading at 2.6230 USD. It dropped 2.53% in a day. Weekly fall is 3.19%. Monthly decline is 8.72%. YTD fall is 28.51%. YoY drop is 20.77%.
TTF gas in Europe is at 45.50 EUR. It rose 4.20% in a day. But monthly it is down 17.37%. YTD it is still up 61.39%.
UK gas is at 112.0420 GBp. It gained 4.35% in a day. Monthly fall is 19.12%. YTD growth is 51.73%.
German gas stands at 44.88 EUR. It fell 2.66% in a day. Monthly drop is 20.94%. YTD gain is 49.58%.
LNG JKM is at 16.48 USD. It slipped 0.45% in a day. Monthly fall is 19.73%. Yet YTD growth is 71.58%.
Gasoline jumps 113 percent YTD while coal and ethanol show mixed trend
Gasoline is at 3.6615 USD. It rose 2.84% in a day. Monthly growth is 12.28%. YTD surge is 113.93%. YoY gain is 80.90%.
Heating oil is at 4.0714 USD. It gained 2.52% in a day. YTD growth is 92.65%. YoY growth is 103.77%.
Coal is at 131.25 USD. It fell 0.76% in a day. Monthly drop is 9.01%. But YTD it is still up 22.09%.
Ethanol is at 1.9925 USD. It declined 0.87% in a day. YTD growth is 25.51%.
Naphtha is at 933.46 USD. It is almost flat daily. Monthly gain is 9.41%. YTD rise is 91.14%.
Propane is stable at 0.81 USD. YTD growth is 27.58%. But YoY it is down 5.53%.
Uranium stands at 87 USD. It gained 0.52% in a day. YTD growth is 6.55%.
Methanol is at 3189 CNY. It fell 0.65% in a day. YTD growth is 45.62%.
Coking coal is at 231.50 USD. It gained 0.43% in a day. YTD rise is 5.95%.
Overall, oil and fuel products remain strong. Gas markets are weak. Yearly gains are still high across most energy assets.