Natural gas rallied on warm weather forecasts

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Energy commodities rose on Tuesday as demand concerns eased after positive US services PMI data.

Crude oil edged up on supportive data from the American Petroleum Institute that reported a fall in the US crude oil stockpiles last week.

Brent oil was marginally higher as traders await developments regarding Iranian nuclear programme.

Natural gas extended previous gains as warm weather forecasts in the US are likely to boost short-term demand for fuel.

Heating oil moved up despite an increase in the US gasoline inventories.


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