# Weekly Energy Market Situation, July 9, 2018 - Fuels Market News

> Oil prices held steady after the start of the U.S.-China trade war, which had not yet affected crude. Strong global demand, supply disruptions, and reduced crude stocks were cited as supportive. A rumor of added Saudi supply was disavowed, and a better-than-expected natural gas storage injection was slightly bearish.

- Date: 2018-07-10 · published 2018-07-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7772-weekly-energy-market-situation-july-9-2018-fuels-market-news
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Strong demand and supply outages support crude prices, while trade-war risks to demand remain a downside factor to monitor.

## Read by commodity

- WTI: bullish ▲
- NATGAS: bearish ▼

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/weekly-energy-market-situation-july-9-2018/

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