Storm-Driven Supply Disruptions Lift US Crude and Support Bullish Energy Signals

U.S. Lower 48 crude production is projected to decline by 379,000 barrels per day in January, consultancy Rystad Energy estimates, as operators gradually restore output following a severe winter storm that temporarily shut in as much as 2 million bpd. The disruption in onshore U.S. supply adds a short-term supportive factor for global benchmarks Oil – Brent Crude and Oil – US Crude, while colder weather conditions and associated demand dynamics remain relevant for Natural Gas markets. The scale of the temporary outages highlights the sensitivity of U.S. shale and tight oil production to extreme weather, which can inject volatility into near-term supply expectations and price behavior.

Over the past month, Oil – US Crude has risen about 12.07%, while Oil – Brent Crude has gained roughly 12.46%, reflecting tighter perceived balances as weather-related disruptions overlay ongoing supply management by key producers. Both benchmarks currently show a 1-day technical indication of Buy and Buy, respectively, suggesting bullish short-term momentum. Natural Gas has advanced about 29.83% over the last month, a sharp move often associated with seasonal demand swings and weather volatility, and also carries a 1-day technical signal of Buy. Investors can explore more updates, prices, and analysis across global markets at Commodities.