The Latest Breaking News from EIA

Crude Climbs on the Possibility of Tighter US Sanctions on Russian Oil

January WTI crude oil (CLF25 ) today is up +1.10 (+1.60%), and January RBOB gasoline (RBF25 ) is up +0.0167 (+0.85%). Crude oil and gasoline prices today are moderately higher, with crude posting a 1-week high and gasoline posting a 2-week high. Crude prices are climbing today on the possibility...

Barchart · Dec 11, 2024

Crude Prices Finish Higher on Hopes of Improved Chinese Energy Demand

January WTI crude oil (CLF25 ) Tuesday closed up +0.22 (+0.32%), and January RBOB gasoline (RBF25 ) closed up +0.0043 (+0.22%). Crude oil and gasoline prices posted modest gains on Tuesday. Crude prices rose Tuesday on carryover support from Monday when the Chinese government pledged to revive the economy, which...

Barchart · Dec 10, 2024

Record Hybrid Sales Helped Boost 'Green' Car Sales In Q3

Although Americans bought more new electric vehicles in the third quarter of 2024 than in the previous quarter, EVs had a lower share of the light-duty vehicle (LDV) market in Q3. Their share dropped from 7.4% in Q2 to 7% in Q3. Still, sales and market share are both up…

InsideEVs · Dec 6, 2024

Crude Oil Rises on Dollar Weakness and Iran Crude Sanctions

January WTI crude oil (CLF25 ) Tuesday closed up +1.84 (+2.70%), and January RBOB gasoline (RBF25 ) closed up +0.0452 (+2.36%). Crude oil and gasoline prices on Tuesday pushed moderately higher due to a weaker dollar. Crude extended its gains Tuesday after the US imposed more sanctions on Iranian crude,...

Barchart · Dec 3, 2024

Nat-Gas Prices Rebound on Forecasts for Colder US Temps

January Nymex natural gas (NGF25 ) on Friday closed higher by +0.080 (+2.83%) Jan nat-gas prices Friday recovered from a 1-week low and closed moderately higher on expectations for Arctic air to move into the lower 48 US states, stoking heating demand for nat-gas. On Friday, the Commodity Weather Group...

Barchart · Nov 29, 2024

Crude Prices Pressured as Middle East Tensions Ease

January WTI crude oil (CLF25 ) Wednesday closed down -0.05 (-0.07%), and January RBOB gasoline (RBF25 ) closed down -0.0201 (-1.03%). Crude oil and gasoline prices Wednesday settled lower, with gasoline posting a 1-week low. Crude oil was under pressure Wednesday from an easing of geopolitical risks in the Middle...

Barchart · Nov 27, 2024

Nat-Gas Prices Tumble on Ample US Inventories

January Nymex natural gas (NGF25 ) on Wednesday closed sharply lower by -0.263 (-7.59%) Jan nat-gas prices sold off Wednesday after weekly nat-gas inventories fell less than expected. The EIA reported that nat-gas inventories fell by -2 bcf, a smaller draw than expectations of -3 bcf. That puts nat-gas inventories...

Barchart · Nov 27, 2024

Crude Little Changed as Middle East Tensions Ease

January WTI crude oil (CLF25 ) today is up +0.03 (+0.04%), and January RBOB gasoline (RBF25 ) is down -0.0203 (-1.04%). Crude oil and gasoline prices today are mixed, with gasoline falling to a -week low. Today's dollar weakness is supportive of energy prices. Also, expectations that OPEC+ will delay...

Barchart · Nov 27, 2024

Prospects for an Israel-Hezbollah Cease-Fire Weigh on Crude Prices

January WTI crude oil (CLF25 ) Tuesday closed down -0.17 (-0.25%), and January RBOB gasoline (RBF25 ) closed down -0.0027 (-0.14%). Crude oil and gasoline prices Tuesday gave up an early advance and fell to 1-week lows on a report that US President Biden will announce that Israel and Hezbollah...

Barchart · Nov 26, 2024

Expectations of Colder US Temps Boost Nat-Gas Prices

December Nymex natural gas (NGZ24 ) on Tuesday closed higher by +0.062 (+1.84%) Dec nat-gas prices Tuesday recovered from early losses and settled moderately higher on expectations for colder US weather to boost heating demand for nat-gas. Forecaster Maxar Technologies said Tuesday that the eastern part of the US is...

Barchart · Nov 26, 2024