WTI Crude Oil futures fell as natural gas hit a 19-month low. 4/24/26

Taking a look at energy markets, WTI Crude Oil futures traded lower, dropping around 2% to the $94 level after three consecutive higher closes. The primary driver behind this headwind appears to be news of delegations heading to Pakistan over the weekend for potential peace talks, which the market is interpreting as a short-term positive. Despite recent fluctuations, WTI Crude Oil futures have largely held a six-week range between the upper $80s and mid-$90s, reverting back to price levels seen in the middle of March. Meanwhile, natural gas saw significant divergence, falling roughly 3% to reach a 19-month low not seen since September 2024. This highlights a notable dispersion in the energy sector as WTI holds near the top of its range while natural gas continues to face selling pressure. Learn about trading futures and options at CME Group: https://www.cmegroup.com/markets/energy.html #crudeoil #natgas #futures