The global energy market is heating up again. Prices are rising across most fuels. Oil, gas, and coal are all seeing strong moves. Some are even touching yearly highs. The latest data shows clear momentum building in energy markets.
Crude oil prices rise with strong yearly gains
Crude oil is now at 97.104 USD per barrel. It gained 0.81 percent in a day. Over the past month, it has jumped 46.99 percent. The yearly gain stands at 70.18 percent. Brent crude is even higher at 110.512 USD per barrel. It rose 2.92 percent in a day. Its yearly growth is 83.61 percent.
Urals oil saw one of the biggest spikes. It surged 12.38 percent in a day. Its yearly gain is now 105.85 percent. This shows strong demand and tight supply in global oil markets.
Gasoline prices are also rising. It is now at 3.1413 USD per gallon. Monthly growth is 40.25 percent. Heating oil is even stronger. It surged 4.66 percent in a day. Yearly growth stands at 107.27 percent.
Natural gas prices show mixed trends globally
Natural gas prices are more mixed. The current price is 3.2404 USD per MMBtu. It rose 5.72 percent in a day. But it is still down 11.95 percent over the year.
In Europe, gas prices are rising fast. TTF gas jumped 17.75 percent in a day. Monthly growth is 100.90 percent. UK gas also surged 17.04 percent daily. Its yearly gain is 117.92 percent.
German gas prices are also climbing. It rose 5.96 percent in a day. Monthly growth is 59.52 percent. This shows strong pressure in European energy markets.
Coal and energy commodities record steady growth
Coal prices are now at 139.35 USD per ton. It gained 3.41 percent in a day. Yearly growth is 29.63 percent. Coking coal remains stable but holds yearly gains of 27.38 percent.
Methanol saw a sharp rise. It jumped 8.10 percent in a day. Monthly growth is 40.70 percent. Naphtha also climbed 2.54 percent daily with yearly gains of 73.09 percent.
Ethanol is trading at 1.9500 USD per gallon. It gained 2.09 percent in a day. Propane remains stable with small gains.
Uranium is the only major energy commodity showing weakness. It fell 1.16 percent in a day. But it still holds a yearly gain of 4.72 percent.
Overall, the energy market is clearly in an upward phase. Oil and gas are leading the surge. Coal and fuel products are following closely. The trend shows strong demand and global supply pressure continuing to shape prices.