Natural Gas, Weather, EIA, Brent Crude, Libya, Technical Forecast - Talking PointsUS natural gas prices hit 14-year high as cold weather hits supplyBrent crude oil catches a bid as Libya’s oil fields shutter productionOil prices hold critical trendline amid volatile trading environmentUS natural gas prices soared to 14-year highs this morning, flaming inflation woes and sparking further concerns over a potential US energy crisis. The war in Ukraine has also led to an increase in liquified natural gas exports. While US natural gas production has increased, gas producers have struggled to keep up with demand. Brent crude prices pushed into fresh April highs overnight as supply concerns over Libya’s oil fields add to an already tight market. Oil prices are likely to react as the situation develops.

Source: Libya Today April 20, 2022 00:03 UTC