# Weekly Energy Market Situation, July 29, 2019 - Fuels Market News

> Crude oil and petroleum product trading was quiet in the week ending July 26, with WTI settling near $56.16. Prices were held between Strait of Hormuz tensions and signs of slowing global growth. US natural gas futures hit a three-year low.

- Date: 2019-07-30 · published 2019-07-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11293-weekly-energy-market-situation-july-29-2019-fuels-market-news
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Sideways crude prices and a three-year low in natural gas point to softer energy input costs for feed producers, while weak global growth signals restrained demand.

## Read by commodity

- WTI: neutral
- NATGAS: bearish ▼

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/weekly-energy-market-situation-july-29-2019/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.