Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Natural Gas Is Quietly Outperforming Oil in July 2026
While oil grabs headlines with Brent surging past $93 on Red Sea tensions, natural gas has been quietly building a different kind of rally. Lucas and Luna break down why Henry Hub futures are up 11% in two weeks, how LNG exports are reshaping the domestic market, and why the summer heat wave is only part of the story. They also look at the wider energy complex: crude's geopolitical risk premium, the refining bottleneck that's keeping gasoline prices elevated, and what the XLE's modest gains tell you about investor skepticism. This is the commodities conversation your news feed…
The skinny
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