Oil nudged higher as supply risks in the Middle East remained elevated following a second attack in three days on Fujairah, a vital port in the United Arab Emirates that’s just outside the Strait of Hormuz. Brent rose near $104 a barrel, while West Texas Intermediate was near $101.
U.S. marketed natural gas production reached a record level in 2025, averaging 118.5 billion cubic feet per day, according to the U.S. Energy Information Administration’s latest Natural Gas Monthly report. Production rose by 5.3 billion cubic feet per day compared with 2024 levels.
Curious Minds Corner
What nationality was Rudolf Diesel, inventor of the compression-ignition engine?
Rudolf Diesel was German; his experiments led to the origin of diesel fuel.