Natural Gas and Oil Forecast: Middle East Risks, EIA Inventory Draw Keep Energy Markets in Focus

Natural gas and oil prices are being driven primarily by Middle East supply risk developments, alongside an EIA-reported sharp crude inventory draw and strong refinery activity. Resilient LNG demand is also supporting the complex as traders weigh ongoing global supply uncertainty.

Analysis

Natural gas and oil prices are being driven primarily by Middle East supply risk developments, alongside an EIA-reported sharp crude inventory draw and strong refinery activity. Resilient LNG demand is also supporting the complex as traders weigh ongoing global supply uncertainty.