Natural gas prices have surged past key resistance levels, driven by improving weather forecasts and short-covering activity. The price is testing the $3.10 mark with potential to reach $3.20-$3.25 if momentum continues. Meanwhile, WTI and Brent oil prices rebounded due to escalating tensions in the Strait of Hormuz, where Iran has increased attacks on tankers, raising supply risk concerns. Brent oil climbed back above $100, with resistance levels at $101.50-$102.00 and $109.00-$109.50 signaling possible panic if breached. Traders are also watching the upcoming IEA meeting, which may influence oil supply through planned releases of diesel and crude inventories.
Natural gas and oil prices are in focus amid geopolitical tensions and weather changes. For readers following these energy commodities, here is Pluang's market snapshot as of Oct 07, 2026 00:41 WIB: out of 150 US stocks tradable on Pluang, 97 rose and 51 fell. Notable movers include Moderna (MRNA) at USD 190.06 with a 1-day change of -6.47%, Nokia (NOK) at USD 10.85 up 6.37%, and Marvell Technology (MRVL) at USD 286.83 up 5.74%.
An analyst from BMO Capital set a $67 price target for Devon Energy, suggesting a 40% upside from its current share price of around $48. The oil and gas producer has consistently beaten earnings estimates recently, showing strong financial health. Ho...
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Silversea has announced 103 new luxury cruise voyages for 2028-2029, covering 219 destinations in 56 countries. These itineraries highlight major cultural events like Carnival in Venice and Rio, New Year's Eve in Sydney, and Europe's truffle season t...
