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Crude Oil Holds Near Recent Gains as Supply Concerns Offset U.S. Winter Disruptions

Crude Oil Holds Near Recent Gains as Supply Concerns Offset U.S. Winter Disruptions

Crude benchmarks were broadly steady on Monday, with recent gains capped as supply concerns offset weather-related disruptions to U.S. output. International benchmark Oil – Brent Crude inched lower after a more than 2% rise in the prior session, while U.S. benchmark Oil – US Crude also held near recent levels despite production interruptions in key American shale regions. The muted price reaction suggests traders remain focused on the broader supply outlook and demand expectations rather than short-term weather effects. Natural gas markets, represented by Natural Gas, continue to be influenced by seasonal consumption patterns and storage dynamics amid the winter heating period.

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Over the past month, Oil – US Crude has advanced about 7.7%, reflecting improving sentiment around global demand and tighter fundamentals, and its 1-day technical outlook currently signals Buy. Oil – Brent Crude has gained roughly 8.3% over the same period, with its short-term technical picture also indicating a Buy bias, reinforcing the constructive near-term trend in seaborne crude benchmarks. In contrast, Natural Gas has surged about 27.4% in one month, underscoring heightened volatility tied to winter demand; its 1-day technical signal likewise points to Buy, suggesting momentum remains skewed to the upside but may warrant caution given the sharp recent move. Investors can explore more updates, prices, and analysis across global markets at Commodities.

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