Written on: May 1, 2026
Friday, May 1, 2026
On the commodities market, energy futures ended a three-session rally yesterday despite reports that the US will review its military options in Iran, gains in US and European equities, and a sharp sell-off in the US dollar index. Brent crude tumbled $4.02 lower to $114.01 a barrel, WTI crude lost $1.81 to settle at $105.07 a barrel, heating oil fell 6.03 cents to hit $4.1384 per gallon, gasoline futures added 3.04 cents to settle at $3.7715 per gallon and natural gas futures rallied yesterday, gaining 12.0 cents to settle at $2.767.