The WTI is at 35.79/barrel and Brent is at 37.94/barrel and is down by more than 40% YTD. Oil tumbled last week as escalating coronavirus fears and surging US stockpiles drove new uncertainty about the commodity market's recovery. Resurgences in Covid-19 cases have intensified concerns about oil demand. France and Germany are reportedly set to impose new lockdown measures to curb the virus spread. US crude inventories climbed by 4.3mn barrels last week, the Energy Information Administration said last week. The uptick is the biggest since late July and suggests demand in the US is moderating. The natural gas price is at 3.354$/MMBTU and is above 28% YTD. Natural gas prices moved higher las
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