The Economic Times

Why are oil and gas prices down today, and will Brent, US WTI crude futures, Dutch and British wholesale gas rates continue to decline or rise again? Analysts insights and market outlook

Why are oil and gas prices down today, and will Brent, US WTI crude futures, Dutch and British wholesale gas rates continue to decline or rise again? Oil and gas markets moved lower after ceasefire signals and possible US-Iran talks raised hopes of reduced conflict risk. Brent and WTI dropped while European gas also declined. Analysts say supply disruptions still support prices, while weather, wind power and geopolitics will guide the next move.