Brent declined by $1.34, or 1.35%, to $98.05 ​a barrel, WTI ​fell $1.65, or 1.74%, to $93.40 a barrel.

The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged.

India has above-ground and underground storage for LPG, owned by oil marketing and refining companies.

On the onset of NaturalGas pricing for the week at $2.60/MMBtu depicting an 18-month low,clarity is emerging that it's becoming a stranded asset with a workforce attached to it.

The contract hit a session high of $113.97 a barrel on Thursday before settling at $111.42 a barrel.

Russia will not supply oil to the countries that maintain a price ceiling, according to the Russian Deputy Foreign Minister, Andrey Rudenko.

Russia has emerged as one of the beneficiaries of the war, with the conflict lifting crude prices and Washington easing long-standing curbs on its exports.

Qatar, the world's second-largest LNG exporter after the US, shipped 82.44 million metric tons of LNG in 2025, with 8.9% of this total directed towards European terminals

That’s the price of the region’s benchmark diesel futures, known as ICE Gasoil, which rose as high as $1,509.50 a ton earlier today, the equivalent of $202.3 a barrel.

Brent rose by $3, or 2.78%, to $111.01, WTI were up $2.59, or 2.74%, at $97.07.

The European Union’s energy chief told member states last week to start injecting into gas storage early in order to avoid supply competition that could push prices up over summer.

Brent crude futures traded at about $104.1 a ⁠barrel, U.S. ​West Texas Intermediate was down 7.8% at $90.55.

Dutch front-month futures, Europe’s gas benchmark, traded 4.7% higher at €62.02 a megawatt-hour by 8:33 a.m. in Amsterdam.

Brent futures rose $1.67, or 1.5%, to $110.32 ​a barrel at 1030 GMT, while U.S. West Texas Intermediate (WTI) crude added 33 cents, or 0.3%, to $96.47.

Benchmark futures jumped as much as 35% on Thursday, pushing prices to more than double their pre-war levels, as the market braces for a drawn out halt at the critical LNG hub that provides about a fifth of the world’s supply.