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Regular gasoline averaged USD 4.3697 on October 4. That is USD 0.1101, or 2.5%, below last week's USD 4.4798, but USD 0.2223 (5.4%) above a month ago and USD 1.2295 (39.2%) above the USD 3.1402 of a year ago, by our calculation. September's monthly …
Iran's position, stated on October 4, is that the Strait of Hormuz remains closed until seven conditions are fulfilled. They are based on the Islamabad memorandum. The message was delivered by spokesman Esmaeil Baghaei and by parliament speaker Mohammad Bagher Ghalibaf, who is Iran's …
Natural gas sits near USD 3.03 per MMBtu, down 0.25% on the day. It is up about 3.8% over the past month and down about 10% over twelve months, which, by our calculation, implies a year-ago level near USD 3.37 and a month-ago level …
The seven core members met on October 4 and left the required production level for November unchanged from September 2026, extending the October pause. The joint quota sits near 31 million barrels per day. A hold is the lowest-risk option when thephysical marketis set …
Friday's session ended with a split. November WTI fell USD 1.76 to USD 91.11, a 1.9% decline that left the contract 1.4% lower on the week. Brent barely moved, easing USD 0.06 to USD 102.25. Friday's drop in WTI followed news of the G7 …
The G7 agreed a coordinated emergency release of crude and diesel, executed through the IEA, immediately and over four months. At 100 million barrels across roughly 120 days, the average works out to about 830,000 barrels per day (our calculation). France's President Macron, whose …
● WTI for December delivery settled at $91.11 a barrel on October 2, 2026, down $1.76, or 1.90%, from Thursday.
● Henry Hub gas for November delivery settled at $3.035 per MMBtu on October 2, 2026, after trading 0.2% lower earlier.
● NYMEX RBOB gasoline for November delivery settled at $3.3124 a gallon on October 2, 2026, down $0.0902, or 2.65%.
● Brent futures for December delivery settled at $102.25 a barrel on October 2, 2026, down $0.06, or 0.06%, from Thursday.
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