The Latest Breaking News from EIA

Crude Oil Prices Plunge on Report Saudi Arabia Wants to Speed Up Production Hikes

October WTI crude oil (CLV25 ) is down -1.91 (-3.01%), and October RBOB gasoline (RBV25 ) is down -0.0576 (-2.87%). Crude oil and gasoline prices are sharply lower after a report that Saudi Arabia wants OPEC+ to speed up production hikes. Oil prices are also lower due to concerns about...

Barchart · Sep 5, 2025

Nat-Gas Prices See Support from Forecasts for Warmer US Weather

October Nymex natural gas (NGV25 ) on Thursday closed up +0.010 (+0.33%). Oct nat-gas prices on Thursday extended the 1-week rally and nearly matched Wednesday's 4-week high on forecasts for warmer temperatures in the northern half of the US, which will boost nat-gas demand from electricity providers to run air...

Barchart · Sep 4, 2025

Crude Oil Prices Fall as Weekly EIA Crude Inventories Unexpectedly Build

October WTI crude oil (CLV25 ) today is down -0.54 (-0.84%), and October RBOB gasoline (RBV25 ) is down -0.0020 (-0.10%). Crude oil and gasoline prices today are mixed, with crude falling to a 2-week low. Crude prices today added to Wednesday's losses on concerns of a global oil supply...

Barchart · Sep 4, 2025

Nat-Gas Prices Rally on a Less-Than-Expected EIA Inventory Build

October Nymex natural gas (NGV25 ) on Thursday closed up +0.058 (+2.01%). Oct nat-gas prices on Thursday added to Wednesday's gains and posted a 1-week high after weekly stockpiles rose less than expected. The EIA reported Thursday that nat-gas inventories rose +18 bcf in the week ended August 22, below...

Barchart · Aug 28, 2025

Crude Prices Settle Higher as Supplies Tighten

October WTI crude oil (CLV25 ) on Wednesday closed up +0.90 (+1.42%), and October RBOB gasoline (RBV25 ) closed up +0.0135 (+0.69%). Crude oil and gasoline prices recovered from early losses on Wednesday and settled higher as short covering emerged after the weekly EIA report showed that weekly crude inventories...

Barchart · Aug 27, 2025

Nat-Gas Prices Surge on Expectations of Lower-Than-Normal Inventory Build

September Nymex natural gas (NGU25 ) on Wednesday closed up +0.150 (+5.52%). Sep nat-gas prices on Wednesday rallied sharply to a 1-week high on anticipation that Thursday's weekly storage report will show a lower-than-normal build in nat-gas inventories. The consensus is that EIA nat-gas inventories rose +27 bcf for the...

Barchart · Aug 27, 2025

Crude Prices Recover as Weekly EIA Crude Inventories Fall More than Expected

October WTI crude oil (CLV25 ) today is up +0.31 (+0.49%), and October RBOB gasoline (RBV25 ) is up +0.0037 (+0.19%). Crude oil and gasoline prices recovered from early losses today and are posting moderate gains as short covering pushed prices higher after the weekly EIA report showed declines in...

Barchart · Aug 27, 2025

Dollar Weakness Spurs Short Covering in Nat-Gas Futures

September Nymex natural gas (NGU25 ) on Tuesday closed up +0.021 (+0.78%). Sep nat-gas prices on Tuesday settled higher as a weaker dollar spurred some mild short covering in nat-gas futures. Natural gas prices have been under pressure over the past 2.5 months and dropped to a 9.5-month nearest-futures low...

Barchart · Aug 26, 2025

Crude Prices Fall Sharply as Global Oil Supply Concerns Ease

October WTI crude oil (CLV25 ) on Tuesday closed down -1.55 (-2.39%), and October RBOB gasoline (RBV25 ) closed down -0.0370 (-1.86%). Crude oil and gasoline prices retreated on Tuesday as global crude supply concerns eased after Russia said one of its largest refineries will soon restart after repairs were...

Barchart · Aug 26, 2025

Cooler-Than-Normal US Temps Undercut Nat-Gas Prices

September Nymex natural gas (NGU25 ) on Monday closed down -0.002 (-0.07%). Sep nat-gas prices have been under pressure over the past 2.5 months and dropped to a 9.5-month nearest-futures low Monday as forecasts for cooler late-summer weather weigh on prices. Forecaster Vaisala on Monday said lower-than-normal temperatures will blanket...

Barchart · Aug 25, 2025