The latest Market Talks covering Energy markets. Published exclusively on Dow Jones Newswires throughout the day.

0924 ET - U.S. natural gas futures gain ground as weekend weather forecasts showed summer heat lasting a little longer. "Near-term weather-driven gas demand is strong, with further backing from robust LNG," Eli Rubin of EBW Analytics says in a note. But production remains prolific, keeping winter futures prices subdued, he adds. "Winter contract weakness halted near-term upside early in September and, unless prices move higher, may continue to impede the extent of near-term Nymex upside potential." The Nymex front month is up 1.3% at $2.868/mmBtu.(anthony.harrup@wsj.com)

0903 ET - Treasury yields rise, hovering near multi-year highs, amid expectations the Fed may raise interest rates Wednesday. The conflict in the Middle East pushes oil prices up by nearly 5%, stoking inflation fears. The WSJ Dollar Index rises 0.5%, as the greenback strengthens 0.9% against the yen and 0.6% versus the euro. The 10-year yield is at 4.985% and could breach 5% for the first time since 2023, on an intraday basis. The benchmark hasn't closed above 5% since 2007. The two-year is at 4.641%, receding after reaching its highest level since July 2024. (paulo.trevisani@wsj.com; @ptrevisani)

0852 ET - Gold futures are lower as the dollar gains amid heightened expectations for a Fed interest-rate increase this week. "The possibility of more interest-rate hikes by major central banks, amid higher oil prices and geopolitical developments, could further support yields and keep gold under strain," Critical Metals CEO Tony Sage says in a note. The Fed meeting is the main event for gold, which could be pulled down by any hawkish signals at the press conference, he says, while "any soft messaging from the Fed may ease tightening bets and help gold recover." Gold for December delivery is down 2% in New York at $4,321.50 a troy ounce. Silver is off 2.7% at $63.40 a troy ounce. (anthony.harrup@wsj.com)

0821 ET - Oil futures are extending last week's gains as the outage of Saudi Arabia's East-West pipeline adds to supply disruptions from the Middle East and Houthis make territorial advances in Yemen. Analysts at Capital Economics say the pipeline outage adds upside to their year-end estimate of $100 a barrel for Brent. "However, we are minded to stick with our existing forecast for now, largely because we simply do not know how long-lasting the damage to affected pumping stations along the East-West pipeline is," they say. "There is a chance that this could prove short-lived." Brent is up 3.4% at $108.12 a barrel and WTI is up 3% at $103.07. (anthony.harrup@wsj.com)

0524 ET - The selling pressure across global bond markets has been driven by common factors, The Investment Institute by UniCredit's Francesco Maria Di Bella says in a note. These include the inflation shock due to the war in the Middle East, still-resilient economic data and abundant supply coming from public and private investment, the fixed-income strategist says. Bond valuations have also been affected by more idiosyncratic factors, such as substantial fiscal expansion expected in Japan and fiscal risks in the U.K., he says. (emese.bartha@wsj.com)

0338 ET - Yields on U.K. government bonds, or gilts, rise due to concerns about inflation as oil prices climb further. Widening conflict in the Middle East and further disruptions to the oil supply routes have caused oil prices to surge, raising the risk of elevated global inflation. Increased prospects of the Federal Reserve raising interest rates this week also push government-bond yields higher. Ten-year gilt yields climb 1.1 basis points to 5.369%, having hit a 19-year high of 5.4056% on Friday, LSEG data show. (miriam.mukuru@wsj.com)

0334 ET - London's miners open lower Monday morning as oil prices rise and AI stocks tumble. Friday's U.S. consumer report also solidified expectations the Fed will increase interest rates, which could slow investment and cut demand for mined metals and minerals. Higher oil prices will eat into margins given miners are some of the world's largest consumers of diesel. Copper miner Antofagasta falls 2.4%. Glencore drops 2.01% while BHP's London-listed shares trade 1.7% lower. Rio Tinto's London shares are down 1.6%.(adam.whittaker@wsj.com)

0322 ET - European energy stocks start the week higher as oil prices climb. Houthi rebels have seized key territory around the strategic Bab al-Mandeb Strait. This means the two most important energy corridors in the Middle East-including the Strait of Hormuz on the other side of the Arabian Peninsula-are under the sway of Iran and its allies. Drone attacks on Saudi Arabia's East-West pipeline have also increased supply fears. This pushes Brent crude 2.2% higher to $106.93 a barrel while WTI futures gain 2.2% to $102.23 a barrel. In London, BP gains 1.15% and Shell rises 1%. Spain's Repsol, Italy's Eni and France's TotalEnergies rise more than 1%. (adam.whittaker@wsj.com)

0306 ET - Oil prices start the week higher as conflict in the Middle East spreads. Iran-backed Houthi militants have seized key territory around the strategic Bab al-Mandeb Strait. Drone attacks on the East-West pipeline, which had become a key conduit for Saudi Arabian crude to reach customers, will also constrain supply. In morning European trade, Brent crude rises 2.2% to $106.93 a barrel while WTI futures are 2.2% higher at $102.23 a barrel.