{"id":9474,"date":"2025-02-03T12:35:02","date_gmt":"2025-02-03T17:35:02","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=9474"},"modified":"2025-02-07T09:36:13","modified_gmt":"2025-02-07T14:36:13","slug":"energy-products-at-a-breaking-point","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/pt\/energy-products-at-a-breaking-point\/","title":{"rendered":"Energy Products at a Breaking Point"},"content":{"rendered":"

Energy commodities suffered considerable losses last week as imminent tariffs from the US and weather conditions weigh down prices.<\/em><\/p>\n\n\n\n
\n

Crude Oil<\/strong><\/p>\n

WTI futures tumbled to one-month low<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
\n
    \n
  • WTI crude oil futures fell towards $72.5 per barrel on the last session of January, closing the month with an over 0.8% loss.<\/li>\n
  • A steep decline from multi-months $80 high was attributed to traders’ assessment of the impact of US tariffs on Canada and other oil suppliers, alongside concerns over rising stockpiles.<\/li>\n
  • President Trump’s plan to impose 25% tariffs on Canada and Mexico beginning on February 1st added pressure, as Canada is a major US crude supplier.<\/li>\n
  • This weakened Canadian oil prices as US stockpiles rose by 3.463 million barrels, marking the first increase after nine consecutive weeks of decline.<\/li>\n
  • Additionally, easing supply worries from Libya and the outlook for OPEC+ production decisions contributed to the broader market pullback.<\/li>\n<\/ul>\n

    Gasoline<\/strong><\/p>\n

    Gasoline prices hover around $2<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
    \n\n\n\n
    \"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
    \n
      \n
    • US gasoline futures plateaued to $2.04 per gallon after hitting a three-week low as traders awaited clarity on President Trump’s tariffs.<\/li>\n
    • Earlier, energy markets were supported by fresh US sanctions on Russia’s oil sector, which had raised concerns about global supply disruptions.<\/li>\n
    • Gasoline inventories surged by 2.96 million barrels last week, exceeding forecasts of a 1.5 million barrel buildup.<\/li>\n
    • Oil-related commodities have been under pressure as Trump urged OPEC to lower prices.<\/li>\n<\/ul>\n

      Natural Gas<\/strong><\/p>\n

      Natural gas plummeted on improved weather conditions<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
      \n\n\n\n
      \"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
      \n
        \n
      • US natural gas futures dropped below $3.1\/MMBtu, near a month low, due to warmer-than-expected weather forecasts for early February.<\/li>\n
      • While colder weather in the Midwest and Northeast will bring moderate demand this week, most regions are expected to stay warmer than usual over the next two weeks.<\/li>\n
      • Meanwhile, the EIA reported a massive gas withdrawal due to last week’s extreme cold.<\/li>\n
      • US utilities pulled 321 bcf from storage for the week ending Jan. 24 – well above last year’s 234 bcf drop and the five-year average of 189 bcf.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","protected":false},"excerpt":{"rendered":"

        Energy commodities suffered considerable losses last week as imminent tariffs from the US and weather conditions weigh down prices. Crude Oil WTI futures tumbled to one-month low WTI crude oil futures fell towards $72.5 per barrel on the last session of January, closing the month with an over 0.8% loss. A steep decline from multi-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-9474","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/9474","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=9474"}],"version-history":[{"count":1,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/9474\/revisions"}],"predecessor-version":[{"id":9475,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/9474\/revisions\/9475"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/media?parent=9474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/categories?post=9474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/tags?post=9474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}