- Brent crude oil fell on Monday as weaker-than-expected Chinese data weighed on markets, adding to concerns that declining global demand would exacerbate a surplus of crude.
- Gold prices rose in European morning hours on Monday, but they remained within close distance of Friday’s one-month lows as markets were jittery ahead of the Federal Reserve’s policy statement this week.
- Use of natural gas has two seasonal peaks, with consumption patterns predominantly driven by weather. The largest peak occurs during the winter, when cold weather increases the demand for natural gas space heating in the residential and commercial sectors, according to EIA.
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