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The Latest Breaking News from EIA

Nat-Gas Prices Recover Some Ground After Recent Plunge

September Nymex natural gas (NGU25 ) on Wednesday closed up +0.020 (+0.71%). Sep nat-gas prices on Wednesday fell to a new 9-month nearest-futures low but then staged a modest recovery rally to close higher. Nat-gas prices have been in a sharp sell-off mode since late June. Nat-gas prices have fallen...

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Crude Oil Falls on Bearish Weekly Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25) on Wednesday closed down -0.52 (-0.82%), and September RBOB gasoline (RBU25) closed down -0.0040 (-0.19%). Crude oil prices on Wednesday fell due to a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy Agency....

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Crude Oil Falls on Bearish EIA Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25 ) today is down -1.15 (-1.82%), and September RBOB gasoline (RBU25 ) is down -0.0266 (-1.29%). Crude oil prices are sharply lower today on a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy...

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Demand for power set to surge in the next 18 months. Here’s what it could mean for your bill

According to a new report from the Energy Information Administration, the demand is largely fueled by data centers – some of which power online use of AI

The Independent UK

Nat-Gas Prices Plunge on Cooler US Forecasts and EIA Production Forecast Increase

September Nymex natural gas (NGU25 ) on Tuesday fell sharply by -0.146 (-4.94%). Sep nat-gas prices on Tuesday plunged to a 9-month low on the nearest-futures chart. Nat-gas prices fell on forecasts for cooler US temps. Atmospheric G2 said forecasts shifted cooler in the Northeast and Southeast for Aug 17-21,...

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Crude Oil Falls as EIA Forecasts Larger Global Oil Surplus

September WTI crude oil (CLU25 ) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0.0022 (-0.11%). Crude oil prices on Tuesday fell on the possibility of progress at the Trump-Putin summit in Alaska on Friday regarding the Russia-Ukraine war, which could result in reduced...

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Nat-Gas Prices Erase Early Gains as US Weather Forecasts Cool

September Nymex natural gas (NGU25 ) on Thursday closed down -0.010 (-0.32%). Sep nat-gas prices on Thursday fell from a 1-week high and settled slightly lower after US weather forecasts cooled, which will curb nat-gas demand from electricity providers to power air conditioning. Forecaster Vaisala said Thursday that the Global...

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Corn Pulls of Lows into Wednesday’s Close

Corn bulls were battling back on the Wednesday session, as contracts closed out the session with just fractional to 1 ¾ cent losses in most nearbys. The CmdtyView national average Cash Corn price was down 2 1/4 cents at $3.63 3/4. The weekly EIA data showed a total of 1.081...

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Crude Prices Retreat on Claims of Progress in Ending Russian-Ukraine War

September WTI crude oil (CLU25 ) on Wednesday closed down -0.81 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0.0011 (-0.05%). Crude oil and gasoline prices gave up an early rally Wednesday and turned sharply lower after President Trump said "great progress was made" in a meeting between US...

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Crude Prices Rally on Dollar Weakness and Global Supply Uncertainty

September WTI crude oil (CLU25 ) today is up +0.66 (+1.01%), and September RBOB gasoline (RBU25 ) is up +0.0353 (+1.69%). Crude oil and gasoline prices are moving higher today after the dollar index (DXY00) fell to a 1-week low. Crude also rose on the lack of progress in ending...

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Crude Prices Slide on a Possible Russian Air Truce with Ukraine

September WTI crude oil (CLU25 ) on Tuesday closed down -1.13 (-1.70%), and September RBOB gasoline (RBU25 ) closed down -0.0107 (-0.51%). Crude oil and gasoline prices settled lower on Tuesday, with crude posting a 1-week low. Concerns about weakening energy demand weighed on crude prices after the US Jul...

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Trump pledges to ‘substantially’ raise US tariffs on India over Russian oil

India rejects criticism of its business dealings with Russia as ‘unreasonable’, vowing to safeguard its own interests.

Al Jazeera

Nat-Gas Prices Recover on Forecasts for Hotter US Weather

September Nymex natural gas (NGU25 ) on Thursday closed up +0.061 (+2.00%). Sep nat-gas prices on Thursday recovered from a 3.25-month low and settled higher after forecasts for warmer US weather sparked short-covering in nat-gas futures. Forecaster Atmospheric G2 said Thursday that forecasts shifted warmer for the western half of...

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‘No land, no home, no future’: Himalayan Lepchas fear new dam

A glacial lake outburst flood in October 2023 washed away the Teesta III dam, displacing thousands of people.

Al Jazeera

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Threats of Additional Sanctions on Russian Energy Exports Lift Crude Prices

September WTI crude oil (CLU25 ) on Wednesday closed up +0.79 (+1.14%), and September RBOB gasoline (RBU25 ) closed up +0.0262 (+1.20%). Crude oil and gasoline prices on Wednesday extended this week's rally to 5-week highs. Signs of strength in the global economy are supportive for energy demand and crude...

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Nat-Gas Prices Retreat on a Mixed Weather Forecast

September Nymex natural gas (NGU25 ) on Wednesday closed down -0.097 (-3.09%). Sep nat-gas prices retreated on Wednesday due to a mixed weather forecast and the outlook for weekly nat-gas inventories to increase more than the seasonal average. Forecaster Vaisala said Wednesday that below-normal temperatures are forecast along the East...

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Crude Prices Supported by President Trump's Threats to Sanction Russian Energy

September WTI crude oil (CLU25 ) today is +0.56 (+0.81%), and September RBOB gasoline (RBU25 ) is up +0.0183 (+0.84%). Crude oil and gasoline prices extended this week's rally today to 5-week highs. Signs of strength in the global economy are supportive for energy demand and crude prices after the...

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Crude Prices Surge as President Trump Threatens Sanctions on Russian Energy Exports

September WTI crude oil (CLU25 ) on Tuesday closed up +2.50 (+3.75%), and September RBOB gasoline (RBU25 ) closed up +0.0738 (+3.51%). Crude oil and gasoline prices surged Tuesday, with crude posting a 2-week high and gasoline posting a 5-week high. Concerns about the possibility of tighter global oil supplies...

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Latin Times

Jalisco Cartel Tied to Mercury Smuggling Fueling Illegal Gold Trade in Latin America: Report

Mercury smuggling by Mexican cartels is contaminating rivers and threatening Indigenous communities all over Latin America, a new report warns

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Nat-Gas Prices Climb on a Smaller-Than-Expected Storage Build

August Nymex natural gas (NGQ25 ) on Thursday closed up +0.017 (+0.55%). Aug nat-gas prices posted moderate gains on Thursday after weekly EIA nat-gas inventories rose less than expected. The EIA reported nat-gas inventories for the week ended July 18 rose +23 bcf, below expectations of +27 bcf and also...

The Independent UK

Peru seizes record 4-ton mercury shipment in fight against illegal gold mining

Peruvian customs officials have seized a record-breaking shipment of illegal mercury, exposing a cross-border smuggling network fueling illicit gold mining in the Amazon

Barchart

Crude Prices Finish Slightly Lower on a Mixed EIA Inventory Report

September WTI crude oil (CLU25 ) on Wednesday closed down -0.06 (-0.09%), and September RBOB gasoline (RBU25 ) closed up +0.0187 (+0.90%). Crude oil and gasoline prices settled mixed on Wednesday. A build in crude supplies at Cushing, the delivery point for WTI futures, for a third consecutive week, undercut...

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Nat-Gas Prices Tumble as US Weather Forecasts Cool

August Nymex natural gas (NGQ25 ) on Wednesday closed down -0.175 (-5.38%). Aug nat-gas prices added to this week's sharp losses on Wednesday and dropped to a 2.75-month low due to forecasts for cooler US weather, which would curb nat-gas demand from electricity providers for air conditioning usage. Forecaster Atmospheric...

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Crude Price Slip on a Mixed Weekly EIA Report

September WTI crude oil (CLU25 ) today is down -0.33 (-0.51%), and September RBOB gasoline (RBU25 ) is up +0.0112 (+0.54%). Crude oil and gasoline prices today are mixed. Dollar strength today is undercutting energy prices. Also, today's weekly EIA report showing a build in crude supplies at Cushing, the...

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Crude Oil Price Fall on Concern About Energy Demand

August WTI crude oil (CLQ25 ) on Tuesday closed down -0.99 (-1.47%), and August RBOB gasoline (RBQ25 ) closed down -0.0300 (-1.41%). Crude oil and gasoline retreated for a second session Tuesday, with gasoline dropping to a 2-week low. Crude oil prices are being undercut by concern that President Trump's...

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