{"id":9457,"date":"2025-01-06T15:32:58","date_gmt":"2025-01-06T20:32:58","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=9457"},"modified":"2025-01-22T15:33:27","modified_gmt":"2025-01-22T20:33:27","slug":"prices-strengthened-but-outlook-is-uncertain","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/pt\/prices-strengthened-but-outlook-is-uncertain\/","title":{"rendered":"Prices Strengthened but Outlook is Uncertain"},"content":{"rendered":"\n\n\n
Energy prices rose in the first sessions of 2025, but the outlook is considered mixed in terms of supply and demand amid geopolitical uncertainty.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Crude Oil<\/p>\n

Prices rose amid sixth consecutive weekly decline in inventories<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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  • WTI crude oil futures traded around $73.1 per barrel on Friday, hovering near its highest level in over two months and on track for a second consecutive weekly advance<\/li>\n
  • Prices were buoyed by optimism surrounding China\u2019s economic outlook<\/li>\n
  • Additionally, a continued decline in U.S. crude inventories provided further support<\/li>\n
  • However, the broader outlook for the year remains uncertain, amid expectations for oversupply and the possible revival of idled OPEC+ production<\/li>\n<\/ul>\n

    Gasoline<\/p>\n

    Gasoline exceeds $2 despite biggest build-up in stocks since end of 2023<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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    • US gasoline futures rose above $2 per gallon, nearing their highest levels since October, driven by rising oil prices and shrinking US crude stockpiles<\/li>\n
    • Globally, energy demand prospects received a boost from China’s economic stimulus measures and the World Bank’s upward revision of China’s growth forecast<\/li>\n
    • However, supply-side constraints persisted as domestic gasoline production averaged 9.9 million b\/d, slightly below prior levels, and unplanned outages in the Gulf of Mexico due to hurricanes, further tightened supplies<\/li>\n
    • Gasoline stocks, however, rose by a larger-than-expected 7.7 million barrels, biggest increase since late 2023<\/li>\n<\/ul>\n

      Natural Gas<\/p>\n

      Natural gas prices fell on unexpectedly eased demand<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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      • US natural gas futures dropped over 7% to $3.4\/MMBtu after the EIA reported a smaller-than-expected storage draw<\/li>\n
      • US utilities withdrew 116 bcf of natural gas last week, below forecasts of 127 bcf, reducing total stockpiles to 3,414 bcf<\/li>\n
      • This narrowed the surplus to the five-year average to 4.7% and left inventories 1.9% lower than a year ago<\/li>\n
      • However, prices remain on track for a weekly gain as colder-than-usual weather is forecast from January 6\u201317, boosting heating demand<\/li>\n
      • Rising gas flows to US LNG export plants are also expected to continue, especially after the end of a Russia-Ukraine pipeline deal<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","protected":false},"excerpt":{"rendered":"

        Energy prices rose in the first sessions of 2025, but the outlook is considered mixed in terms of supply and demand amid geopolitical uncertainty. Crude Oil Prices rose amid sixth consecutive weekly decline in inventories WTI crude oil futures traded around $73.1 per barrel on Friday, hovering near its highest level in over two months […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9457","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/9457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/comments?post=9457"}],"version-history":[{"count":1,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/9457\/revisions"}],"predecessor-version":[{"id":9458,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/9457\/revisions\/9458"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/media?parent=9457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/categories?post=9457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/tags?post=9457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}