The Latest Breaking News from EIA

Nat-Gas Prices Climb as Weekly EIA Inventories Fall More Than Expected

April Nymex natural gas (NGJ26 ) on Thursday closed up +0.047 (+1.59%). Nat-gas prices settled higher on Thursday after weekly US gas storage levels fell more than expected. The EIA reported on Thursday that nat-gas inventories fell -54 bcf in the week ended March 20, a steeper decline than expectations...

Barchart · Mar 26

Crude Oil Sharply Higher on Concerns About Escalation of the Iran War

May WTI crude oil (CLK26 ) today is up +3.90 (+4.32%), and May RBOB gasoline (RBK26 ) is up +0.1080 (+3.65%). Crude oil and gasoline prices are sharply higher today on skepticism about a ceasefire in Iran. Also, a report today from Axios that said the US is close to...

Barchart · Mar 26

Crude Oil Prices Slide on Hopes Diplomacy Will End Iran War

May WTI crude oil (CLK26 ) on Wednesday closed down -2.03 (-2.20%), and May RBOB gasoline (RBK26 ) closed down -0.1344 (-4.34%). Crude oil and gasoline prices fell sharply on Wednesday in hopes that US-Iran diplomacy can end the war in Iran. Also, the unexpected increase in weekly EIA crude...

Barchart · Mar 25

Corn Bouncing on Turnaround Tuesday

Corn futures are showing 5 to 6 cent gains so far on Tuesday, in a early week bounce. The CmdtyView national average Cash Corn price is up 6 cents to $4.23 3/4. EIA data will be released on Wednesday morning, with ethanol production seen steady to slightly higher in the...

Barchart · Mar 24

Crude Oil Prices Jump on Fears of a Wider Conflict in the Middle East

May WTI crude oil (CLK26 ) today is up +3.37 (+3.82%), and May RBOB gasoline (RBK26 ) is up +0.1158 (+3.92%). Crude oil and gasoline prices are sharply higher today, recovering some of Monday’s losses amid concerns that the conflict in the Middle East could escalate. Crude prices are climbing...

Barchart · Mar 24

Crude Oil Prices Plunge on Hopes of Peace Talks to End the Iran War

April WTI crude oil (CLJ26 ) on Monday closed down -10.10 (-10.28%), and April RBOB gasoline (RBJ26 ) closed down -0.3045 (-9.42%). Crude oil and gasoline prices gave up an overnight advance and plunged on Monday, with crude falling to a 1.5-week low and gasoline dropping to a 1-week low....

Barchart · Mar 23

Warm US Weather Knocks Nat-Gas Prices Sharply Lower

April Nymex natural gas (NGJ26 ) on Monday closed down -0.204 (-6.59%). Nat-gas prices tumbled to a 3-week low on Monday and settled sharply lower. The outlook for warmer US weather, which will reduce nat-gas heating demand, is weighing on prices. The Commodity Weather Group on Monday said forecasts shifted...

Barchart · Mar 23

Crude Oil Prices Sink as President Trump Backs Off Iran Threats

April WTI crude oil (CLJ26 ) today is down -11.30 (-11.50%), and April RBOB gasoline (RBJ26 ) is down -0.3374 (-10.49%). Crude oil and gasoline prices gave up an overnight advance and sold off sharply today, with crude falling to a 1.5-week low and gasoline dropping to a 1-week low....

Barchart · Mar 23

Crude Prices Surge on Reports the US is Preparing Troop Deployment in Iran

April WTI crude oil (CLJ26 ) on Friday closed up +2.18 (+2.27%), and April RBOB gasoline (RBJ26 ) closed up +0.1591 (+5.09%). Crude oil and gasoline prices rallied sharply on Friday, with gasoline posting a 3.5-year nearest-futures high. Crude prices surged on Friday as the Iran war drags on, with...

Barchart · Mar 20

Nat-Gas Prices Slide as US Weather Warms

April Nymex natural gas (NGJ26 ) on Friday closed down -0.071 (-2.24%). Nat-gas prices moved lower on Friday as warming US weather forecasts could lead to reduced nat-gas heating demand. The Commodity Weather Group on Friday said forecasts shifted warmer, with above-average temperatures expected across the western half of the...

Barchart · Mar 20