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The Latest Breaking News from EIA

Crude Extends Thursday's Rally on Report Russia Will Extend Its Export Cuts

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...

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Nat-Gas Prices Fall Back on Bearish EIA Report

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...

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Crude Rallies on Report Russia Will Extend Its Export Cuts

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...

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Crude Settles Higher as Weekly EIA Inventories Plunge

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...

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Nat-Gas Prices Surge on Forecasts for a Return of Scorching U.S. Temps

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...

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Crude Prices Push Higher After Weekly EIA Crude Inventories Plunge

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...

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Crude Rallies on Dollar Weakness and China Stimulus

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...

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Himalayan blunders that are ravaging the Himalayas

In a time of the unpredictable impact of climate change events, conservation of the Himalayan region is vital

The Hindu

Crude Closes Slightly Higher on Strength in U.S. Economic News

October WTI crude oil (CLV23 ) on Thursday closed up +0.16 (+0.20%), and Oct RBOB gasoline (RBV23 ) closed up +2.15 (+0.84%). Crude oil and gasoline prices Thursday closed moderately higher. Stronger-than-expected U.S. economic news Thursday signals strength in the economy that is bullish for energy demand and crude prices....

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Nat-Gas Prices Gain on Smaller-Than-Expected Weekly EIA Inventories

September Nymex natural gas (NGU23 ) on Thursday closed +0.022 (+0.88%). Nat-gas prices Thursday posted moderate gains after weekly EIA nat-gas inventories rose +18 bcf, less than expectations of +31 bcf. Gains in nat-gas prices were limited on the outlook for cooler temperatures to move into the lower 48 U.S....

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NGT withholds green nod granted for fishing harbours near Kaliveli bird sanctuary

The Hindu

Crude Edges Lower on Dollar Strength and Energy Demand Concerns

October WTI crude oil (CLV23 ) this morning is down -0.23 (-0.29%), and Oct RBOB gasoline (RBV23 ) is up +0.64 (+0.25%). Crude oil and gasoline prices this morning are mixed, with crude falling to a 1-month low. A stronger dollar today is weighing on energy prices. Also, weakness in...

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Crude Prices Close Lower on Energy Demand Concerns

October WTI crude oil (CLV23 ) on Wednesday closed down -0.75 (-0.94%), and Oct RBOB gasoline (RBV23 ) closed down -1.30 (-0.51%). Crude oil and gasoline prices Wednesday retreated, with crude falling to a 4-week low and gasoline dropping to a 3-week low. Weaker-than-expected economic news Wednesday from the U.S....

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Nat-Gas Prices Fall on Forecasts for Cooler U.S. Temps

September Nymex natural gas (NGU23 ) on Wednesday closed -0.063 (-2.46%). Nat-gas prices Wednesday extended Tuesday's losses to a 2-1/2 week low on forecasts for cooler U.S. temperatures to reduce nat-gas demand from electricity providers to power air conditioning. Forecaster Atmospheric G2 said starting next week, at least two cold...

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Crude Prices Fall on Global Energy Demand Concerns

October WTI crude oil (CLV23 ) this morning is down -0.55 (-0.69%), and Oct RBOB gasoline (RBV23 ) is down -2.56 (-1.00%). Crude oil and gasoline prices this morning are moderately lower, with crude falling to a 4-week low and gasoline dropping to a 3-week low. Weaker-than-expected economic news today...

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Crude Closes Lower on Increased Iranian Crude Exports

September WTI crude oil (CLU23 ) on Tuesday closed down -0.37 (-0.46%), and Sep RBOB gasoline (RBU23 ) closed up +1.65 (+0.60%). Crude oil and gasoline prices Tuesday settled mixed. Bearish factors included a stronger dollar and an increase in Iranian crude exports. In addition, weakness in China's economy, the...

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Crude Closes Higher on Tight Global Supplies and U.S. Economic Strength

September WTI crude oil (CLU23 ) on Thursday closed up +1.01 (+1.27%), and Sep RBOB gasoline (RBU23 ) closed down -4.54 (-1.58%). Crude oil and gasoline prices on Thursday settled mixed. Crude moved higher on carryover support from Wednesday's EIA report that showed U.S crude inventories fell to their lowest...

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Nat-Gas Prices Settle Higher on Forecasts for Hot U.S. Temps

September Nymex natural gas (NGU23 ) on Thursday closed +0.029 (+1.12%). Nat-gas prices Thursday moved higher on a hotter U.S. weather outlook. The Commodity Weather Group said forecasts show above-normal temperatures extending from the Midwest to the Southeast through the end of next week, which will boost nat-gas demand from...

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Crude Moves Higher on Dollar Weakness and U.S. Economic Strength

September WTI crude oil (CLU23 ) this morning is up +1.36 (+1.71%), and Sep RBOB gasoline (RBU23 ) is down -1.22 (-1.43%). Crude oil and gasoline prices this morning are mixed. A weaker dollar today is supportive of energy prices. Crude also has carryover support from Wednesday's EIA report that...

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Crude Prices Retreat on Chinese Growth Concerns

September WTI crude oil (CLU23 ) on Wednesday closed down -1.61 (-1.99%), and Sep RBOB gasoline (RBU23 ) closed up +1.95 (+0.68%). Crude oil and gasoline prices Wednesday settled mixed, with crude falling to a 1-1/2 week low. A stronger dollar Wednesday weighed on energy prices, as did the decline...

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Forecasts for Cooler U.S. Weather Undercut Nat-Gas Prices

September Nymex natural gas (NGU23 ) on Wednesday closed -0.067 (-2.52%). On Wednesday, Nat-gas prices extended Tuesday's losses to a 1-1/2 week low and closed moderately lower. Forecasts for cooler U.S. temperatures that will reduce nat-gas demand from electricity providers to power air conditioning are weighing on nat-gas prices. NatGasWeather.com...

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Crude Prices Slip on Chinese Growth Concerns

September WTI crude oil (CLU23 ) this morning is down -0.16 (-0.20%), and Sep RBOB gasoline (RBU23 ) is up +2.54 (+0.89%). Crude oil and gasoline prices this morning are mixed. A weaker dollar today is supportive of energy prices. However, crude is under pressure on concerns about China's economic...

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Crude Prices Settle Lower on Chinese Energy Demand Concerns

September WTI crude oil (CLU23 ) on Tuesday closed down -1.52 (-1.84%), and Sep RBOB gasoline (RBU23 ) closed down -5.86 (-2.02%). Crude oil and gasoline prices Tuesday closed moderately lower. Crude prices were under pressure Tuesday on concerns about global oil demand after China reported weaker-than-expected industrial activity and...

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Nat-Gas Prices Plunge on Above-Forecast Weekly EIA Inventories

September Nymex natural gas (NGU23 ) on Thursday closed -0.196 (-6.62%). Nat-gas prices Thursday plunged after weekly EIA nat-gas supplies rose more than expected. Also, a cooler U.S. weather forecast weighed on nat-gas prices as the cooler temperatures will curb nat-gas demand from electricity providers to power air conditioning. EIA...

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Crude Rallies on Concern about Disruptions to Russian Crude Exports

September WTI crude oil (CLU23 ) on Wednesday closed up +1.48 (+1.78%), and Sep RBOB gasoline (RBU23 ) closed up +8.33 (+2.93%). Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to an 8-3/4 month high and gasoline rising to a 2-week high. Oil prices rallied on...

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