U.S. government data showed a sharp 9 million-barrel draw in crude stocks last week, with gasoline and distillate inventories also declining as refinery runs and end-user demand strengthened. The tighter supply backdrop supported a firmer tone in both Oil – US Crude and Oil – Brent Crude, while softer consumption dynamics kept pressure on Natural Gas.
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Over the past month, US crude futures have advanced about 9.9% and Brent has gained roughly 10.2%, reflecting expectations of tighter balances, with 1-day technical readings flashing Strong Buy and Strong Buy, respectively. In contrast, natural gas prices have fallen nearly 12.0% in the last month amid ample supply and weak weather-driven demand, and the short-term technical stance is a Sell. Investors can explore more updates, prices, and analysis across global markets at Commodities.