The Latest Breaking News from EIA

Crude Rallies as Iranian Protests Escalate

February WTI crude oil (CLG26 ) today is up +1.79 (+3.10%), and February RBOB gasoline (RBG26 ) is up +0.0352 (+2.00%). Crude oil and gasoline prices are up sharply today, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the...

Barchart · Jan 9

Crude Sharply Higher on Energy Demand Strength and Index Buying of Oil Futures

February WTI crude oil (CLG26 ) on Thursday closed up +1.77 (+3.16%), and February RBOB gasoline (RBG26 ) closed up +0.0658 (+3.88%). Crude oil and gasoline prices rallied sharply on Thursday, with gasoline posting a 1.5-week high. Crude prices rose as Thursday's better-than-expected US economic news showed strength in energy...

Barchart · Jan 8

Nat-Gas Prices Fall on the Outlook for Above-Average US Temps

February Nymex natural gas (NGG26 ) on Thursday closed down -0.118 (-3.35%), Feb nat-gas prices tumbled on Thursday amid the outlook for far warmer-than-normal US temperatures, which is expected to curb heating demand for nat-gas. Forecaster WSI said Thursday that near-term forecasts show broad swaths of above-normal temperatures across the...

Barchart · Jan 8

Crude Prices Tumble on Prospects that Venezuelan Crude Will Continue to Flow

February WTI crude oil (CLG26 ) today is closed down -0.81 (-1.42%), and February RBOB gasoline (RBG26 ) is down -0.007 (-0.04%). Crude oil and gasoline prices are under pressure today, with crude falling to a 2-week low. Crude prices tumbled today after the US lifted sanctions on Venezuelan crude...

Barchart · Jan 7

Crude Prices Retreat on Dollar Strength and Energy Demand Concerns

February WTI crude oil (CLG26 ) on Tuesday closed down -1.19 (-2.04%), and February RBOB gasoline (RBG26 ) closed down -0.0194 (-1.13%). Crude oil and gasoline prices gave up an early advance on Tuesday and sold off sharply as the dollar strengthened. Crude prices also retreated amid concerns about energy...

Barchart · Jan 6

Nat-Gas Prices Sink on Forecasts for Above-Normal US Temps

February Nymex natural gas (NGG26 ) on Tuesday closed down -0.173 (-4.91%), Feb nat-gas prices extended their week-long plunge on Tuesday to a new 2.25-month nearest-futures low. Forecasts for above-normal US temperatures that will curb heating demand and allow for nat-gas inventories to rebuild are hammering prices. Forecaster Xweather said...

Barchart · Jan 6

Crude Prices Slip on Dollar Strength and Energy Demand Concerns

February WTI crude oil (CLG26 ) today is down -0.24 (-0.41%), and February RBOB gasoline (RBG26 ) is up +0.0005 (+0.03%). Crude oil and gasoline prices are mixed today. Crude gave up an early advance and turned lower today as the dollar strengthened. Crude prices are also under pressure amid...

Barchart · Jan 6

Crude Rallies on Rising Geopolitical Risks

February WTI crude oil (CLG26 ) on Monday closed up +1.00 (+1.74%), and February RBOB gasoline (RBG26 ) closed up +0.0218 (+1.28%). Crude oil and gasoline prices recovered from early losses on Monday and settled sharply higher as rising global geopolitical risks in Russia, the Middle East, Nigeria, and Venezuela...

Barchart · Jan 5

Above-Normal US Temps Weigh on Nat-Gas Prices

February Nymex natural gas (NGG26 ) on Monday closed down -0.095 (-2.63%), Feb nat-gas prices fell to a 2.25-month low on the nearest futures chart on Monday and settled sharply lower. Weather forecasts of above-normal US temperatures, which will reduce nat-gas heating demand, are weighing on prices. Forecaster Xweather said...

Barchart · Jan 5

Crude Rallies as OPEC+ Keeps Output Levels Unchanged in Q1

February WTI crude oil (CLG26 ) today is up +0.88 (+1.54%), and February RBOB gasoline (RBG26 ) is up +0.0192 (+1.13%). Crude oil and gasoline prices recovered from early losses today and are sharply higher after OPEC+ on Sunday stuck with its plans to pause an increase in the group's...

Barchart · Jan 5