The global energy market saw sharp price swings across oil, gas, coal, and fuel products. Crude oil and Brent prices fell heavily on the day and continued their weak weekly trend. At the same time, LNG and coking coal remained among the strongest gainers on a yearly basis.
Brent crude traded at 99.157 USD per barrel after falling 4.23% during the day. Weekly losses also reached 10.98%. Despite the recent pullback, Brent is still up 62.80% year to date and 55.83% higher compared to last year.
Crude oil prices also remained under pressure. WTI crude stood at 92.930 USD per barrel with a daily drop of 3.80%. Weekly losses touched 10.87%. However, the commodity still posted a strong 61.66% gain in 2026 and remained 52.45% above year ago levels.
Brent crude and crude oil prices record over 10% weekly losses
Oil markets continued to struggle as investors reacted to demand concerns and shifting global supply expectations. Gasoline prices dropped 4.26% in a single day to 3.3069 USD per gallon. Weekly losses reached 10.59%.
Heating oil also moved lower. Prices slipped 2.87% on the day and 9.42% during the week. Even with the correction, heating oil remained one of the strongest performers in the energy sector with a 77.71% year to date gain and an 81.31% yearly rise.
Urals oil saw one of the sharpest yearly jumps among major crude benchmarks. Prices stood at 96.32 USD per barrel despite a daily decline of 4.92%. The commodity has still surged 90.96% in 2026 and is up 64.06% over the past year.
Naphtha prices also weakened sharply on a monthly basis. The commodity traded at 815.17 USD per tonne and recorded a 12.37% monthly fall even after gaining nearly 67% year to date.
Natural gas and LNG prices show mixed momentum across global markets
Natural gas prices climbed 2.14% during the day to reach 2.9693 USD per MMBtu. However, the commodity still remained down 19.44% year to date and 20.69% lower compared to last year.
European gas markets stayed volatile. TTF Gas prices rose 4.18% daily to 47.49 EUR per MWh. The benchmark is now up 69% in 2026. UK Gas traded at 114.0872 GBp per therm despite a 3.24% daily decline. It still posted a strong 54.97% year to date gain.
German Gas prices fell 6.31% during the day and reached 46.65 EUR per MWh. Even with the drop, the market stayed 55.49% higher this year.
LNG JKM remained one of the top gainers in the entire energy market. Prices stood at 18.81 USD per MMBtu. The benchmark has jumped 95.84% year to date and gained more than 50% over the past year.
Coal and coking coal prices outperform several energy commodities
Coal prices stayed mostly flat at 132.05 USD per tonne. The commodity showed limited short term movement but still gained 22.84% this year.
Coking coal performed much better. Prices climbed 4.66% during the day and reached 247 USD per tonne. The commodity is now up 13.04% year to date and 33.15% higher than last year.
Propane prices increased 3.89% daily while ethanol gained 0.74%. Methanol prices slipped 0.60% but remained 35.89% higher in 2026.
Uranium prices stayed unchanged at 84.70 USD per pound. The market showed weaker yearly momentum compared to oil and LNG, with only a 3.74% gain year to date.