Oil prices were remarkably quiet in February. Indeed, the price of Brent moved by less than $2 per barrel during the month, but prices have fallen so far in March. February proved to be a more volatile month for the prices of most other energy commodities. US natural gas prices dropped due to warmer weather whilst the spot price of LNG plummeted as temporary supply outages were resolved. Coal prices also fell last month owing to warmer temperatures and higher supply.
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