European Union energy commissioner Dan Jorgensen told the Financial Times that the bloc is preparing for a prolonged energy shock tied to instability in the Middle East, prompting consideration of measures such as fuel rationing and additional emergency stock releases. The remarks highlight ongoing risks to global supply that have underpinned recent strength in Oil – Brent Crude, Oil – US Crude, and Natural Gas, with policymakers signaling that elevated price volatility could persist.
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Over the past month, Brent has climbed about 35.27%, while U.S. crude has advanced roughly 48.63%, moves consistent with their respective 1-day technical views of Strong Buy and Buy, as traders price in extended supply constraints and geopolitical risk premia. By contrast, natural gas has fallen nearly 9.99% in the last month despite the policy warning, aligning with a short-term Sell signal that suggests weaker demand and comfortable inventories are offsetting regional security concerns for now.
Investors can explore more updates, prices, and analysis across global markets at Commodities.