The Latest Breaking News from EIA

August WTI crude oil (CLQ25 ) Wednesday closed up +2.00 (+3.06%), and August RBOB gasoline (RBQ25 ) closed up +2.26 (+1.08%). Crude oil and gasoline prices on Wednesday rallied to 1-week highs and settled sharply higher. Crude has support on concerns that Middle East tensions could flare up again after...

August Nymex natural gas (NGQ25 ) on Wednesday closed higher by +0.073 (+2.14%). Aug nat-gas prices on Wednesday moved higher on the outlook for a smaller-than-average increase in weekly nat-gas inventories. Short covering emerged in nat-gas futures Wednesday on expectations that Thursday's weekly EIA nat-gas inventories will climb by +49...

August Nymex natural gas (NGQ25 ) on Friday closed sharply higher by +0.213 (+6.04%). Aug nat-gas prices on Friday rallied sharply in anticipation of hotter US weather boosting nat-gas demand from electricity providers to power increased air-conditioning usage. Forecaster Atmospheric G2 said Friday that forecasts shifted warmer for most of...

July Nymex natural gas (NGN25 ) on Thursday closed sharply lower by -0.131 (-3.70%). July nat-gas prices on Thursday extended this week's slide to a 6-month low. Nat-gas prices fell on Thursday's weekly EIA report, which showed a +96 bcf increase in the week ended June 20, which was a...

August WTI crude oil (CLQ25 ) today is up +1.41 (+2.17%), and August RBOB gasoline (RBQ25 ) is up +0.0380 (+1.84%). Crude oil and gasoline prices are sharply higher today due to the decline in the dollar index (DXY00 ) to a 3-1/4 year low. Also, today's rally in the...

August WTI crude oil (CLQ25 ) Wednesday closed up +0.55 (+0.85%), and August RBOB gasoline (RBQ25 ) closed down -0.0049 (-0.24%). Crude oil and gasoline prices on Wednesday settled mixed. Crude oil found support on Wednesday's bullish weekly EIA report, which showed a larger-than-expected draw in crude oil inventories and...

July Nymex natural gas (NGN25 ) on Wednesday closed down by -0.131 (-3.70%). July nat-gas prices on Wednesday extended this week's slide and fell to a 2-week low. Prices are lower on forecasts for cooling US temperatures and the outlook for US nat-gas supplies to remain plentiful. The Commodity Weather...

August WTI crude oil (CLQ25 ) today is up +1.14 (+1.77%), and August RBOB gasoline (RBQ25 ) is up +0.0128 (+0.62%). Crude oil and gasoline are moving higher today on a bullish weekly EIA report that showed a larger-than-expected draw in crude oil inventories and a surge in US gasoline...

Russia could benefit from an escalating situation in the Middle East, while China and Europe would see their economies suffer if the ceasefire between Iran and Israel fails to hold.