The Latest Breaking News from EIA

October Nymex natural gas (NGV23 ) on Wednesday closed -0.072 (-2.79%). Nat-gas prices on Wednesday extended Tuesday's sharp decline to a 2-week low. Nat-gas prices were undercut by forecasts for cooler-than-normal U.S. temperatures that would reduce nat-gas demand from electricity providers to run air conditioning. The Commodity Weather Group said...

October WTI crude oil (CLV23 ) on Wednesday closed up +0.85 (+0.98%), and Oct RBOB gasoline (RBV23 ) closed up +2.04 (+0.79%). Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to a 9-1/2 month high. Crude found carryover support from Tuesday when Saudi Arabia and Russia...

The price of crude oil is the single biggest contributor to the retail price of gasoline.

October WTI crude oil (CLV23 ) Friday closed up +1.92 (+2.30%), and Oct RBOB gasoline (RBV23 ) closed up +2.53 (+0.99%). Crude oil prices Friday closed sharply higher, with crude rising to a 9-1/2 month nearest-futures high. Crude prices extended Thursday's sharp gains on a report that Russia has agreed...

October WTI crude oil (CLV23 ) this morning is up +1.36 (+1.63%), and Oct RBOB gasoline (RBV23 ) is up +3.00 (+1.17%). Crude oil prices this morning are moderately higher, with crude rising to a 9-1/2 month nearest-futures high. Crude prices extended Thursday's sharp gains on a report that Russia...

October Nymex natural gas (NGV23 ) on Thursday closed -0.028 (-1.00%). Nat-gas prices Thursday fell back on the bearish EIA report of +32 bcf, which showed a larger build than expectations of +26 bcf. However, nat gas prices continued to have support from forecasts for excessive heat to return to...

October WTI crude oil (CLV23 ) today is up +0.87 (+1.07%), and Oct RBOB gasoline (RBV23 ) is down -0.0094 (-0.37%). Crude oil prices are higher today after a report that Russia has agreed with OPEC+ on further output restrictions. Bloomberg News reported that Russia will announce next week that...

October WTI crude oil (CLV23 ) on Wednesday closed up +0.47 (+0.58%), and Oct RBOB gasoline (RBV23 ) closed up +1.06 (+0.41%). Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to a 2-week high. A slump in the dollar index (DXY00 ) Wednesday to a 2-week...

October Nymex natural gas (NGV23 ) on Wednesday closed +0.134 (+5.03%). Nat-gas prices Wednesday rallied sharply on forecasts for excessive heat to return to the central and eastern U.S. by the end of the week, which will boost nat-gas demand from electricity providers to power air conditioning. Forecaster Maxar Technologies...

October WTI crude oil (CLV23 ) this morning is up +0.25 (+0.31%), and Oct RBOB gasoline (RBV23 ) is up +2.65 (+1.04%). Crude oil and gasoline prices this morning are moderately higher, with crude climbing to a 2-week high. A slump in the dollar index (DXY00 ) today to a...

October WTI crude oil (CLV23 ) on Tuesday closed up +1.06 (+1.32%), and Oct RBOB gasoline (RBV23 ) closed down -1.04 (-0.41%). Crude oil and gasoline prices on Tuesday settled mixed, with crude climbing to a 1-week high. A weaker dollar Tuesday was supportive of energy prices. Also, actions by...