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The 12-month rolling strip for Brent was up 0.3% week-over-week to $71.84/barrel. WTI was up 0.7% to $68.02/barrel. An increase in shipping traffic through the Strait of Hormuz is exerting downward pressure on crude oil markets. The NYMEX prompt month went down $0.03 week-over-week, landing at $3.20/MMBtu. The NYMEX rolling 12-month strip decreased by $0.08/MMBtu to $3.34/MMBtu. Storage levels saw a net increase of 87 Bcf for the week ending June 26th. The NEPOOL 12-month electricity strip lost 2% week-over-week to $77.87/MWh. The 2027, 2028, and 2029 strips all decreased slightly week-over-week.
The 12-month rolling strip for Brent was down 6.7% week-over-week to $71.61/barrel and for WTI by 7% to $67.55/barrel. The announcement of a U.S.-Iran peace deal is exerting significant downward pressure on crude oil markets. The NYMEX prompt month did not change week-over-week, staying at $3.23/MMBtu, while the NYMEX rolling 12-month strip decreased by $0.02/MMBtu to $3.42/MMBtu. Storage levels saw a net increase of 76 Bcf for the week ending June 19th. The NEPOOL 12-month electricity strip gained 2% week-over-week to $79.82/MWh. The 2027 and 2029 strips both increased slightly while the 2028 strip lost a few cents week-over-week.
The NYMEX prompt month gained $0.11/MMBtu week-over-week to $3.23/MMBtu while the NYMEX rolling 12-month strip increased by $0.08/MMBtu this week to $3.44/MMBtu. Storage levels saw a net increase of 73 Bcf for the week ending June 12th. The NEPOOL 12-month electricity strip lost almost 4% week-over-week to $78.25/MWh. The 2027 strip saw a drop in price while the 2028 and 2029 strips experienced slight upward pressure. The 12-month rolling strip for Brent was down 6.3% week-over-week to $76.72/barrel and for WTI by 6.8% to $72.59/barrel. The announcement of a U.S.-Iran peace deal is exerting significant downward pressure on crude oil markets.
The NEPOOL 12-month electricity strip lost 0.35% week-over-week to $81.44/MWh. The 2027, 2028, and 2029 strips all experienced minimal change as well, with a slight fall in near term prices. The NYMEX prompt month lost $0.11/MMBtu week-over-week to $3.12/MMBtu while the NYMEX rolling 12-month strip decreased by $0.09/MMBtu this week to $3.37/MMBtu. Storage levels saw a net increase of 108 Bcf for the week ending June 5th. The 12-month rolling strip for Brent was down 3.3% week-over-week to $81.85/barrel and for WTI by 3.1% to $77.93/barrel. The announcement of a U.S.-Iran peace deal is exerting significant downward pressure on crude oil markets.
The 12-month rolling strip for Brent was flat week-over-week at $84.61/barrel and increased for WTI by 1.9% week-over-week to $80.42/barrel. Lower crude oil prices are helping bring down spot gasoline prices. The NYMEX prompt month lost $0.06/MMBtu week-over-week to $3.23/MMBtu while the NYMEX rolling 12-month strip decreased by $0.01/MMBtu this week to $3.46/MMBtu. Storage levels saw a net increase of 95 Bcf for the week ending May 29th. The NEPOOL 12-month electricity strip gained 2.98% week-over-week to $81.72/MWh. The 2027, 2028, and 2029 strips all increased week-over-week.
The 12-month rolling strip for Brent was down 5.2% week-over-week to $84.60/barrel, and for WTI by 4.6% week-over-week to $78.89/barrel. A 60-day extension to the ceasefire between US and Iran is helping ease price pressure. The NYMEX prompt month lost $0.38/MMBtu week-over-week to $3.29/MMBtu while the NYMEX rolling 12-month strip increased by $0.18/MMBtu this week to $3.47/MMBtu. Storage levels saw a net increase of 92 Bcf for the week ending May 22nd. The NEPOOL 12-month electricity strip gained 0.49% week-over-week to $79.36/MWh. The 2027, 2028, and 2029 strips all increased week-over-week.
The 12-month rolling strip for Brent was down 3.3% week-over-week to $89.28/barrel, and for WTI by 5.3% week-over-week to $82.69/barrel. Markets face renewed volatility after fresh U.S. strikes on Iran. The NYMEX prompt month lost $0.05/MMBtu week-over-week to $2.91/MMBtu while the NYMEX rolling 12-month strip decreased by $0.10/MMBtu this week to $3.29/MMBtu. Storage levels saw a net increase of 101 Bcf for the week ending May 15th. The NEPOOL 12-month electricity strip fell 2.77% week-over-week to $78.97/MWh. The 2027, 2028, and 2029 strips all decreased week-over-week.
The 12-month rolling strip for Brent was up 4.8% week-over-week to $92.29/barrel, and for WTI by 6.4% week-over-week to $87.34/barrel. Global oil inventories are down as the Strait of Hormuz remains closed for shipping. The NYMEX prompt month gained $0.20/MMBtu week-over-week to $2.96/MMBtu while the NYMEX rolling 12-month strip increased by $0.02/MMBtu this week to $3.39/MMBtu. Storage levels saw a net increase of 85 Bcf for the week ending May 8th. The NEPOOL 12-month electricity strip rose 2.02% week-over-week to $81.22/MWh. The 2027, 2028, and 2029 strips all rose week-over-week.
The 12-month rolling strip for Brent was down 4.7% week-over-week to $88.06/barrel, and the WTI strip fell by 1.7% week-over-week to $82.07/barrel. A failed counterproposal from Iran over the weekend to end the war is expected to apply upward pressure on crude oil this week. The NYMEX prompt month lost only $0.02/MMBtu week-over-week to $2.76/MMBtu while the NYMEX rolling 12-month strip decreased by $0.07/MMBtu this week to $3.37/MMBtu. Storage levels saw a net increase of 63 Bcf for the week ending May 1st. The NEPOOL 12-month electricity strip fell 1.74% week-over-week to $79.61/MWh. The 2027, 2028, and 2029 strips all fell week-over-week.
The 12-month rolling strip for Brent was up 5.1% week-over-week to $92.42/barrel, and for WTI by 4.1% week-over-week to $83.52/barrel. A long-rumored but sudden departure of the UAE from OPEC last Friday could shake up crude oil supply and market alliances in the future. The NYMEX prompt month gained $0.26/MMBtu week-over-week to $2.78/MMBtu while the NYMEX rolling 12-month strip increased by $0.09/MMBtu this week to $3.44/MMBtu. Storage levels saw a net increase of 79 Bcf for the week ending April 24th. The NEPOOL 12-month electricity strip rose 6.70% week-over-week to $81.02/MWh. The 2027, 2028, and 2029 strips all rose week-over-week.
The 12-month rolling strip for Brent climbed 9.5% week-over-week to $87.92/barrel, and WTI rose 6.2% week-over-week to $80.25/barrel. Prices in the U.S. are expected to rise this week over uncertainty on the next stage of peace talks in the conflict between the U.S. and Iran. The NYMEX prompt month fell $0.15/MMBtu week-over-week to $2.52/MMBtu while the NYMEX rolling 12-month strip decreased by $0.06/MMBtu week-over-week to $3.35/MMBtu. Storage levels saw a net increase of 103 Bcf for the week ending April 17th. The NEPOOL 12-month electricity strip rose 4.7% week-over-week to $75.93/MWh. The 2027, 2028, and 2029 strips all rose week-over-week.
The 12-month rolling strip for Brent was down 3.4% week-over-week to $80.26/barrel, and WTI fell by 5% week-over-week to $75.57/barrel. Gas prices in the US are expected to rise this week after escalations in the US-Iran conflict due to a US Navy blockade of Iranian vessels. The NYMEX prompt month gained $0.03/MMBtu week-over-week to $2.67/MMBtu while the NYMEX rolling 12-month strip decreased by $0.02/MMBtu week-over-week to $3.41/MMBtu. Storage levels saw a net increase of 59 Bcf for the week ending April 10th. The NEPOOL 12-month electricity strip fell 5.54% week-over-week to $72.56/MWh. The 2027 and 2028 strips fell week-over-week, while the 2029 strip rose slightly.
The 12-month rolling strip for Brent is down 1.2% week-over-week to $83.09/barrel, and the WTI strip is down 0.7% week-over-week to $79.55/barrel. After the failure of U.S.-Iran peace talks in Pakistan over the weekend, the U.S. is set to blockade the Strait of Hormuz starting today. The NYMEX prompt month dropped by $0.15/MMBtu week-over-week to $2.65/MMBtu while the NYMEX rolling 12-month strip decreased by $0.10/MMBtu week-over-week to $3.43/MMBtu. Storage levels saw a net increase of 50 Bcf for the week ending April 3rd. The NEPOOL 12-month electricity strip fell 2.26% week-over-week to $76.82/MWh. The 2027 strip fell slightly week-over-week, while the 2028 and 2029 strips rose slightly.
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