The Latest Breaking News from EIA

Crude Prices Slip on Dollar Strength and a Build in EIA Inventories

December WTI crude oil (CLZ24 ) Wednesday closed down -0.30 (-0.42%), and December RBOB gasoline (RBZ24 ) closed down -0.0092 (-0.45%). Crude oil and gasoline prices settled moderately lower on Wednesday. Crude prices Wednesday were under pressure from a stronger dollar after the dollar index (DXY00 ) surged to a...

Barchart · Nov 6, 2024

Nat-Gas Prices Jump as US Weather Forecasts Shift Colder

December Nymex natural gas (NGZ24 ) on Wednesday closed up by +0.077 (+2.88%) Dec nat-gas prices Wednesday moved higher after a midday weather update called for colder temperatures for the central and eastern parts of the US late next week, which will boost heating demand for nat-gas. Forecaster Maxar Technologies...

Barchart · Nov 6, 2024

Crude Recovers Early Losses on Speculation Trump's Policies Will Boost Energy Demand

December WTI crude oil (CLZ24) today is up +0.18 (+0.25%), and December RBOB gasoline (RBZ24) is up +0.0004 (+0.02%). Crude oil and gasoline prices today recovered from early losses and are slightly higher. Short covering emerged in crude today to push prices higher after the S&P 500 soared to a...

Barchart · Nov 6, 2024

Nat-Gas Prices Pressured by Warm US Autumn Temps

December Nymex natural gas (NGZ24 ) on Wednesday closed slightly lower by -0.014 (-0.49%) Dec nat-gas prices on Wednesday extended this week's decline to a 1-week low. Nat-gas prices have plunged this week on warmer-than-normal weather forecasts for the US, which would reduce heating demand for nat-gas. NatGasWeather on Wednesday...

Barchart · Oct 30, 2024

Crude Rallies on Middle East Tensions and Tighter EIA Inventories

December WTI crude oil (CLZ24 ) Wednesday closed up +1.40 (+2.08%), and December RBOB gasoline (RBZ24 ) closed up +0.0411 (+2.14%). Dec crude oil prices Wednesday rallied on a weaker dollar. Also, lingering Middle East tensions are bullish for crude after Israel vowed to strike Iran "very hard" should it...

Barchart · Oct 30, 2024

Crude Oil Jumps on Middle East Tensions and an Unexpected Draw in EIA Inventories

December WTI crude oil (CLZ24 ) today is up +1.72 (+2.56%), and December RBOB gasoline (RBZ24 ) is up +0.0468 (+2.44%). Dec crude oil prices today are moderately higher. Dollar weakness today is supportive of energy prices. Also, lingering Middle East tensions are supporting crude after Israel vowed to strike...

Barchart · Oct 30, 2024

3 Oil Stocks With High Upside as Global Demand Rebounds

The outlook for oil demand growth appears promising despite economic uncertainties and worldwide supply deficit. Amid this, investing in quality oil stocks Enterprise Products Partners (EPD), Marathon Oil (MRO), and Plains All American Pipeline (PAA) could be ideal as global demand rebounds. Read more.

StockNews.com · Oct 29, 2024

Ministers ‘misled’ on environmental impact of new power plant, campaigners claim

Ministers have been “misled” over the environmental impact of a proposed new

The National (Scotland) · Oct 28, 2024

Crude Prices Slide as Supply Concerns and Middle East Risks Ease

December WTI crude oil (CLZ24 ) Thursday closed down -0.58 (-0.82%), and December RBOB gasoline (RBZ24 ) closed down -0.0118 (-0.59%). Crude and gasoline prices Thursday gave up an early advance and settled moderately lower. Crude is under pressure on negative carryover from Wednesday when weekly EIA crude inventories rose...

Barchart · Oct 24, 2024

Nat-Gas Prices Jump on Colder US Temps and a Rally in European Gas Prices

November Nymex natural gas (NGX24 ) on Thursday closed up +0.180 (+7.69%). Nov nat-gas prices Thursday rallied sharply to a 1-week high on the outlook for colder US temperatures, which will boost heating demand for nat-gas. Forecaster Maxar Technologies said the 11-15 day forecast is leaning colder for the western...

Barchart · Oct 24, 2024