Ankara: Energy commodities, posting mixed figures during week, closed Friday with declines amid uncertainties related to the ongoing tensions in the Middle East. After news flow signaling a possible easing of tensions between Iran and the US, energy prices saw weekly declines. According to Anadolu Agency, Brent futures, starting the week above the $110 level, ended at $103.9 per barrel, down 5.25% week-on-week on Friday. West Texas Intermediate (WTI) prices dropped by 4% to $96.9 per barrel, from $106.5. Benchmark Dutch TTF futures, Europe's main natural gas contract, plunged 4% from £51 to £48.7 per megawatt-hour. Heating oil prices decreased by 3.6% to $3.9 as of the end of this week from the previous week.
Energy Prices See Significant Weekly Decline Amid Middle East Tensions
Recent Post
Palestinian Families Face Displacement Amid Israeli Blockade
October 13, 2026
Israeli Forces Conduct Incursions and Detain Man in Southern Syria
October 13, 2026
Croatian Fighter Jet Intercepts Maltese Plane Over Potential Threat
October 13, 2026