The Latest Breaking News from EIA

Surging crude oil prices and solid energy demand worldwide will likely incentivize operators to produce more oil and natural gas, creating growth opportunities for companies providing energy drilling services. So, let’s look at captivating energy stocks Patterson-UTI (PTEN), Helmerich & Payne (HP), and Precision Drilling (PDS), which investors have been…

The U.S. natural gas futures market is now weeks away from the start of the 2023/2024 peak season, where inventories decline as the demand for heating increases. Natural gas prices have moved higher, breaking out to the upside above technical resistance levels during the first week of October.

November Nymex natural gas (NGX23 ) on Wednesday closed +0.013 (+0.44%). Nat-gas prices on Wednesday extended Tuesday's sharp gains and posted an 8-1/2 month nearest-futures high on the outlook for colder U.S. temperatures to boost heating demand for nat-gas. Forecaster Maxar Technologies said forecasts shifted cooler for the eastern U.S....

November WTI crude oil (CLX23 ) this morning is down -3.88 (-4.35%), and Nov RBOB gasoline (RBX23 ) is down -12.93 (-5.48%). Nov WTI crude oil and gasoline prices this morning are sharply lower, with crude falling to a 1-month low and gasoline tumbling to a 9-month low. Today's weaker-than-expected...

Prices at the pump are starting to fall as demand wanes.

November WTI crude oil (CLX23 ) on Tuesday closed up +0.41 (+0.46%), and Nov RBOB gasoline (RBX23 ) closed down -5.21 (-2.16%). Nov WTI crude oil and gasoline prices on Tuesday settled mixed, with gasoline falling to a 5-month low. Tuesday's rally in the dollar index (DXY00 ) to a...

November Nymex natural gas (NGX23 ) on Thursday closed +0.046 (+1.59%). Nat-gas prices Thursday climbed to a 1-week high and closed moderately higher. The outlook for colder weather that would spark increased heating demand for nat-gas boosted prices after WSI Trader said below-normal temperatures could spread across the central U.S....

November WTI crude oil (CLX23 ) on Thursday closed down -1.97 (-2.10%), and Nov RBOB gasoline (RBX23 ) closed down -8.39 (-3.29%). Nov WTI crude oil and gasoline prices on Thursday closed moderately lower, with crude prices falling back from a 13-month high. Thursday’s weaker-than-expected U.S. economic news on Q2...

November WTI crude oil (CLX23 ) this morning is down -0.60 (-0.64%), and Nov RBOB gasoline (RBX23 ) is down -0.307 (-1.20%). Nov WTI crude oil and gasoline prices this morning are moderately lower, with crude prices falling back from a 13-month high. Weaker-than-expected U.S. economic news today sparked energy...