The Economic Times

Why are oil and gas prices witnessing wild swings, and will Brent crude futures, US WTI crude, Dutch and British wholesale gas prices rise or fall again? Analysts insights, market outlook and what should investors do now

Why are oil and gas prices witnessing wild swings, and will Brent crude futures, US WTI crude, Dutch and British wholesale gas prices rise or fall again? Oil and gas markets are moving as traders track US-Iran talks, Strait of Hormuz closure, supply risk, and inventory data. Prices show mixed movement after sharp falls. Gas prices in Europe dropped slightly as risk premiums eased. Analysts say diplomacy and supply restrictions will decide the next price trend for crude and gas markets.