From Investing.com: 2024-11-12 00:48:00

Prices in the US and Europe surged higher with short covering in Henry Hub providing momentum. ICE settled almost 2.8% lower, falling below $72/bbl. Oil market facing strong headwinds from natural gas strength. OPEC’s monthly report may include demand revisions. Henry Hub settled 9.4% higher, TTF up 3.1%. Iron ore slipped to $100/t due to China’s slowdown risks and increasing port inventories.



Read more at Investing.com: Natural Gas Rallies as Oil Slumps as Market Dynamics Shift in Energy Markets