The benchmark crude WTI is up 0.36% to $73.07 today at 7.20 a.m. EST as banking concerns wane and demand optimism builds up.
Further, supply disruptions at the pipeline from Kurdistan are also propping up prices which have already risen 4.2% over the past five sessions.
Meanwhile, natural gas is down 2.07% to $2.04 today as expectations of normal to warmer weather increase and supply remains elevated.
The Energy Select Sector SPDR ETF (XLE) too is up marginally by 0.13% in the pre-market session today. Here is a list of energy stocks that can be influenced by the latest developments in the energy markets.
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