Energy Market Today (29 June 2026): Crude Oil Nears $70, Brent Tops $72 as Most Fuel Commodities Adv

Author : Ankur Sharma | Published On : 29 Jun 2026

29 June 2026: Global energy markets traded broadly higher on Monday, with crude oil and Brent crude posting gains alongside natural gas, gasoline, heating oil and European gas, reflecting a positive start to the trading session.

Crude oil rose 0.98% to $69.91 per barrel, while Brent crude gained 0.49% to $72.34 per barrel. Among refined fuel products, gasoline advanced 1.23% and heating oil climbed 2.02%, making it one of the strongest performers of the day.

Natural gas increased 0.93% to $3.31 per MMBtu, while EU Gas rose 1.23% and UK Gas gained 1.38%. Ethanol added 1.60%, and propane led gains across the energy complex with a 2.75% rise.

Some commodities, however, remained under pressure. Coal declined 0.24%, Naphtha slipped 0.49%, Uranium fell 0.29%, and Methanol eased 0.24% during the session.

Despite Monday's rebound, several energy commodities continue to trade below their monthly levels. Crude oil and Brent remain down more than 24% and 23%, respectively, over the past month, indicating that broader market sentiment remains cautious despite the latest recovery.
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