The Latest Breaking News from EIA

Crude Oil Prices Jump on Heightened Geopolitical Risks and Falling US Supplies

March WTI crude oil (CLH26 ) today is up +1.58 (+2.42%), and March RBOB gasoline (RBH26 ) is up +0.0311 (+1.58%). Crude oil and gasoline prices added to Wednesday’s sharp rally today, with crude climbing to a 6.5-month high and gasoline posting a 1-week high. Mounting geopolitical risks in the...

Barchart · Feb 19

Crude Oil Prices Supported by Mounting Geopolitical Risks

March WTI crude oil (CLH26 ) on Wednesday closed up +2.86 (+4.59%), and March RBOB gasoline (RBH26 ) closed up +0.0536 (+2.80%). Crude oil and gasoline prices rallied sharply on Wednesday amid mounting geopolitical risks. The likelihood of the Russian-Ukrainian war continuing is bullish for oil prices as it will...

Barchart · Feb 18

Warmer US Weather Weighs on Nat-Gas Demand and Prices

March Nymex natural gas (NGH26 ) on Wednesday closed down by -0.020 (-0.66%). March nat-gas prices on Wednesday added to Tuesday's sharp losses and posted a 4-month nearest-futures low. Nat-gas prices are slumping as weather forecasts call for above-normal temperatures across the eastern half of the US for the rest...

Barchart · Feb 18

Trump touts climate savings but new rule set to push up US prices

Critics accuse administration of ‘cooking the books’ by claiming US would save $1.3tn from climate finding reversal

The Guardian - US · Feb 15

Crude Prices Recover on Dollar Weakness

March WTI crude oil (CLH26 ) on Friday closed up +0.05 (+0.08%), and March RBOB gasoline (RBH26 ) closed down -0.0049 (-0.26%). Crude oil and gasoline prices settled mixed on Friday, with crude rebounding from a 1.5-week low. Crude prices recovered from early losses on Friday and posted modest gains,...

Barchart · Feb 13

Nat-Gas Prices Recover as Cold US Weather Forecast to Return

March Nymex natural gas (NGH26 ) on Friday closed up by +0.026 (+0.81%). March nat-gas prices recovered from early losses on Friday and settled higher as short covering emerged when updated weather forecasts called for colder US weather to return at the end of this month, potentially boosting heating demand...

Barchart · Feb 13

Crude Prices Slip as Geopolitical Risks Ease

March WTI crude oil (CLH26 ) today is down -0.18 (-0.29%), and March RBOB gasoline (RBH26 ) is down -0.0125 (-0.64%). Crude oil and gasoline prices are under pressure today, falling to 1.5-week lows. The easing of US-Iran tensions has lowered geopolitical risks and is weighing on crude prices. Also,...

Barchart · Feb 13

Risk-Off Sentiment in Asset Markets Weighs on Crude Oil Prices

March WTI crude oil (CLH26 ) on Thursday closed down -1.79 (-2.77%), and March RBOB gasoline (RBH26 ) closed down -0.0630 (-3.18%). Crude oil and gasoline prices sold off sharply on Thursday, with gasoline falling to a 1-week low. The slight easing of US-Iran tensions sparked long liquidation in energy...

Barchart · Feb 12

Nat-Gas Prices Climb on Tighter US Inventories

March Nymex natural gas (NGH26 ) on Thursday closed up by +0.044 (+1.41%). March nat-gas prices settled higher on Thursday due to an above-average decline in weekly nat-gas storage. The EIA reported Thursday that nat-gas inventories fell -249 bcf in the week ended February 6, a smaller decline than expectations...

Barchart · Feb 12

Crude Oil Prices Slip as US-Iran Tensions Ease

March WTI crude oil (CLH26 ) today is down -1.19 (-1.83%), and March RBOB gasoline (RBH26 ) is down -0.0533 (-2.69%). Crude oil and gasoline prices are sharply lower today as the chances of a US attack on Iran eased. Also, mounting crude supplies in floating storage are undercutting oil...

Barchart · Feb 12