Mid-East conflict drives front-centric gains across the crude complex. NYMEX natural gas finds support from suspended Qatari LNG production.
Speculative short interest in Brent and WTI increased for the first time in eight weeks, perpetuating upside risks to price/volatility as U.S.-Iran negotiations heat up.
Prospects for a U.S.-Iran nuclear deal gain through the weekend to drive uncertain price action in the crude complex. Natural gas fails to hold gains as forecasts produce mixed signals for early March.
A closer look at fund managers' energy market futures and options positioning
Today's performance and notable developments in oil and natural gas markets:
