{"id":119943,"date":"2026-05-08T09:03:52","date_gmt":"2026-05-08T13:03:52","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=119943"},"modified":"2026-05-08T09:03:52","modified_gmt":"2026-05-08T13:03:52","slug":"energy-price-today-may-8-crude-oil-at-95-and-gasoline-jumps-101-ytd","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/energy-price-today-may-8-crude-oil-at-95-and-gasoline-jumps-101-ytd\/119943\/","title":{"rendered":"Energy price today, May 8: Crude oil at $95 and gasoline jumps 101% YTD"},"content":{"rendered":"
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The global energy market remained highly volatile as crude oil prices stayed above $95 per barrel while gasoline recorded a massive 101.93% year to date surge. Brent crude also crossed the $100 mark, showing how supply concerns and inflation pressure continue to impact the energy sector worldwide.<\/p>\n

Several fuel commodities posted sharp yearly gains despite weak weekly movement. Traders are closely watching demand trends, recession fears, and supply disruptions as markets continue to swing heavily.<\/p>\n

Crude oil and Brent prices remain strong above key levels<\/h2>\n

Crude Oil traded at $95.018 per barrel after gaining 0.22% during the day. Even though prices slipped 6.46% on a weekly basis, crude oil is still up 66.07% year to date and 56.27% compared to last year.<\/p>\n

Brent crude stood at $100.343 per barrel with a daily rise of 0.28%. The benchmark remains one of the strongest performers in the energy market with a yearly gain of 65.63% and a 57.70% jump over the past 12 months.<\/p>\n

Urals Oil saw one of the sharpest yearly increases in the market. The commodity traded at $92.56 per barrel despite falling 5.99% during the day. It still holds an impressive 83.51% gain year to date and 67.96% growth annually.<\/p>\n

Naphtha prices witnessed major pressure. The commodity traded at $827.24 per ton after crashing 7.84% in a single day. Monthly losses also widened to 18.13%, showing weaker industrial demand.<\/p>\n

Gasoline surges 101% YTD while natural gas struggles<\/h2>\n

Gasoline prices traded at $3.4445 per gallon. The commodity slipped 0.33% during the day and fell 3.90% weekly. However, gasoline remains the top performer in the energy market with a huge 101.93% year to date increase and 63.58% yearly growth.<\/p>\n

Heating Oil also stayed elevated at $3.8591 per gallon. Prices gained 1.11% daily and are now up 82.45% this year along with an 86.92% yearly rise.<\/p>\n

Natural Gas traded at $2.8066 per MMBtu after rising 1.36% during the session. Despite short term gains, the commodity remains under pressure with a 24.23% drop year to date and a 26.41% yearly decline.<\/p>\n

LNG JKM prices stood at $16.84 per MMBtu. The commodity recorded a yearly gain of 75.33% even after losing 13.60% on a monthly basis.<\/p>\n

TTF Gas traded at EUR 43.87 per MWh with a yearly increase of 55.66%. UK Gas also moved higher to 107.4635 GBp\/thm with a 45.49% rise year to date.<\/p>\n

Coal, uranium and coking coal continue to attract attention<\/h2>\n

Coal prices traded at $132.20 per ton with yearly gains touching 22.98%. Coking Coal performed even better at $240.50 per ton after rising 1.48% daily and 10.07% year to date.<\/p>\n

Uranium prices remained stable at $86.25 per pound. The commodity posted a moderate 5.63% yearly increase but stayed strong with a 23.39% annual rise.<\/p>\n

Methanol traded at 3049 CNY per ton and remained under selling pressure with a 6.18% weekly decline. Propane prices also slipped 3.53% daily despite recording a strong 34.99% gain year to date.<\/p>\n

Ethanol prices dropped 2.96% to $1.9650 per gallon. However, the commodity still managed a yearly rise of 23.78%.<\/p>\n

The latest market data shows that energy commodities continue to remain highly sensitive to global supply trends, geopolitical tensions, and industrial demand changes. Investors are expected to closely monitor inflation data and central bank decisions as energy prices continue to influence global economic sentiment.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The global energy market remained highly volatile as crude oil prices stayed above $95 per barrel while gasoline recorded a\u2026<\/p>\n","protected":false},"author":294,"featured_media":119944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[66],"tags":[35422,5220,35983,35423,4688,10227,35421,669,4597,12788,35568,35567,35427,35984,5218,34379,33979,35425,35426,35424,35428,23635],"class_list":["post-119943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-brent","tag-coal","tag-coking-coal","tag-crude","tag-crude-oil","tag-energy-market","tag-energy-prices-today","tag-ethanol","tag-gas","tag-gas-price","tag-gasoline","tag-heating-oil","tag-methanol","tag-naphtha","tag-oil","tag-oil-price","tag-top-stories","tag-ttf-gas","tag-uk-gas","tag-urals-oil","tag-uranium","tag-usd"],"reading_time":"3 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/119943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=119943"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/119943\/revisions"}],"predecessor-version":[{"id":119945,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/119943\/revisions\/119945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/119944"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=119943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=119943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=119943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}