Demolition of Glasgow tower blocks can go ahead after court ruling The demolition of four Glasgow tower blocks will go ahead. The National (Scotland) · Aug 1, 2024
Crude Prices Pull Back on Global Energy Demand Concerns Sep WTI crude oil (CLU24 ) today is down -0.69 (-0.89%), and Sep RBOB gasoline (RBU24 ) is down -2.41 (-0.99%). Crude oil and gasoline prices today fell back from 1-1/2 week highs and turned lower on global energy demand concerns after the US Jul manufacturing index contracted by the... Barchart · Aug 1, 2024
U.S. Becomes Top Global LNG Exporter, Attracting Major Investments Explore the rise of the U.S. as a dominant force in the global LNG market and its impact on the energy industry. Top News · Aug 1, 2024
Crude Ends Sharply Higher on Escalation of Geopolitical Risks in the Middle East Sep WTI crude oil (CLU24 ) on Wednesday closed up +3.18 (+4.26%), and Sep RBOB gasoline (RBU24 ) closed up +9.82 (+4.19%). Crude oil prices Wednesday rallied sharply. Wednesday's fall in the dollar index (DXY00 ) to a 1-1/2 week low was bullish for energy prices. Crude is also climbing... Barchart · Jul 31, 2024
Nat-Gas Prices Tumble on the Outlook for Cooler Midwest Temps Sep Nymex natural gas (NGU24 ) on Wednesday closed down -0.090 (-4.23%). Sep nat-gas prices on Wednesday closed sharply lower but remained above Tuesday's 3-month nearest futures low. Forecasts for cooler temperatures in the Midwest that will curb nat-gas demand from electricity providers to power air conditioning weighed on prices.... Barchart · Jul 31, 2024
Crude Rallies on Geopolitical Risks and Falling US Inventories Sep WTI crude oil (CLU24 ) today is up +2.32 (+3.10%), and Sep RBOB gasoline (RBU24 ) is up +7.45 (+3.18%). Crude oil prices today are sharply higher. Today's decline in the dollar index (DXY00 ) to a 1-1/2 week low is bullish for energy prices. Crude is also climbing... Barchart · Jul 31, 2024
Crude Prices Retreat on the Prospects of Weaker Chinese Energy Demand Sep WTI crude oil (CLU24 ) on Tuesday closed down -1.08 (-1.42%), and Sep RBOB gasoline (RBU24 ) closed down -2.50 (-1.05%). Crude oil prices Tuesday extended Monday's slide, with crude posting a new 7-week low. Tuesday's rally in the dollar index (DXY00 ) to a 2-1/2 week high was... Barchart · Jul 30, 2024
Crude Prices Pressured by Dollar Strength and Energy Demand Concerns in China Sep WTI crude oil (CLU24 ) today is down -0.91 (-1.20%), and Sep RBOB gasoline (RBU24 ) is down -2.51 (-1.06%). Crude oil prices today extended Monday's slide, with crude posting a new 7-week low. Today's rally in the dollar index (DXY00 ) to a 2-1/2 week high is bearish... Barchart · Jul 30, 2024
Crude Prices Finish Lower on Dollar Strength and China Energy Demand Concerns Sep WTI crude oil (CLU24 ) Monday closed down -1.35 (-1.75%), and Sep RBOB gasoline (RBU24 ) closed down -4.47 (-1.85%). Crude oil prices Monday posted moderate losses, with crude tumbling to a 7-week low. Monday's rally in the dollar index (DXY00 ) to a 2-week high undercut energy prices.... Barchart · Jul 29, 2024
Nat-Gas Prices Weighed Down by Elevated US Inventories Sep Nymex natural gas (NGU24 ) on Monday closed down -0.015 (-0.73%). Sep nat-gas prices Monday extended the sharp week-long sell-off and posted a new contract low. Meanwhile, Aug nat-gas prices dropped to a 3-month low on the nearest futures chart and are hovering just moderately above the 4-year nearest-futures... Barchart · Jul 29, 2024
Crude Prices Tumble on Dollar Strength and Energy Demand Concerns in China Sep WTI crude oil (CLU24 ) today is down -1.31 (-1.70%), and Sep RBOB gasoline (RBU24) is down -3.93 (-1.63%). Crude oil prices today are moderately lower, with crude tumbling to a 7-week low. Today's rally in the dollar index (DXY00 ) to a 2-week high is undercutting energy prices.... Barchart · Jul 29, 2024
Sep Nat-Gas Prices Fall to Contract Low on Inventory Concerns Sep Nymex natural gas (NGU24 ) on Friday closed down -0.021 (-1.01%), posting the fourth consecutive decline. Sep nat-gas prices on Friday extended the sharp 4-session sell-off and posted a new contract low. Meanwhile, Aug nat-gas prices fell to a new 2-3/4 month low on the nearest futures chart and... Barchart · Jul 26, 2024
Crude Oil Prices Fall on Demand Concerns Sep WTI crude oil (CLU24 ) today is down -1.29 (-1.65%), and Sep RBOB gasoline (RBU24 ) is down -0.0200 (-0.82%). Crude oil prices today are trading lower on this week's theme of weaker global economic growth and US political uncertainty. The markets are also worried on a longer-term basis... Barchart · Jul 26, 2024
Nat-Gas Prices Extend Decline on Bearish EIA Report Sep Nymex natural gas (NGU24 ) on Thursday closed down -0.086 (-3.99%). Sep nat-gas prices on Thursday extended the sharp 3-session sell-off and closed just mildly above the contract low posted on July 17. Meanwhile, Aug nat-gas prices are hovering just moderately above the 4-year low posted earlier this year... Barchart · Jul 25, 2024
Barchart · Jul 25, 2024 Crude Oil Prices See Support from Positive US GDP Report Sep WTI crude oil (CLU24 ) today is up +0.06 (+0.06%), and Sep RBOB gasoline (RBU24 ) is down -0.0093 (-0.38%). Crude oil prices are seeing support from today mildly stronger-than-expected US Q2 GDP report of +2.8% versus expectations of +2.0%. Oil prices are also seeing carry-over support from Wednesday's...
Barchart · Jul 24, 2024 Nat-Gas Prices Continue to Fall Back Despite Hot US Weather Sep Nymex natural gas (NGU24 ) on Wednesday closed down -0.066 (-2.97%), adding to Tuesday's decline of -2.71%. Sep nat-gas prices have now more then given back Monday's rally of +5.59%. Nat-gas prices on Wednesday continued to run into long liquidation pressure after Monday's rally. Nat-gas prices also fell on...
Barchart · Jul 24, 2024 Crude Oil Prices Rally on Bullish EIA Inventory Report and Russia's Promise of Additional Production Cuts Sep WTI crude oil (CLU24 ) today is up +0.80 (+1.04%), and Sep RBOB gasoline (RBU24 ) is up +0.0384 (+1.62%). Crude oil and gasoline prices today are higher on a bullish weekly EIA report. The energy markets have been to shake off today's sharp sell-off in US stocks and...
Barchart · Jul 23, 2024 Bearish Short-Term Outlook for Oil Prices Despite Potential Supply Disruptions Supply-demand dynamics, inventory fluctuations, and geopolitical tensions characterize the crude oil market landscape. Analysts at Morgan Stanley project the market to reach equilibrium by the fourth quarter of this year, potentially transitioning to a surplus by 2025. As traders await crucial US oil inventory data, the market is also reacting…
Barchart · Jul 18, 2024 Crude Posts Modest Losses on a Stronger Dollar and Weak Stocks August WTI crude oil (CLQ24 ) on Thursday closed down -0.03 (-0.04%), and Aug RBOB gasoline (RBQ24 ) closed up +1.51 (+0.60%). Crude oil and gasoline prices Thursday gave up an early advance and settled mixed. A stronger dollar Thursday weighed on energy prices. Crude prices also turned lower Thursday...
Barchart · Jul 18, 2024 Nat-Gas Prices Finish Sharply Higher on a Bullish EIA Storage Report August Nymex natural gas (NGQ24 ) on Thursday closed up by +0.090 (+4.42%). Aug nat-gas prices Thursday settled sharply higher after weekly EIA nat-gas inventories rose less than expected. The EIA reported that nat-gas inventories rose +10 bcf, below expectations of +27 bcf and well below the five-year average for...
Barchart · Jul 18, 2024 Crude Erases Early Gains as the Dollar Strengthens and Stocks Slip August WTI crude oil (CLQ24 ) today is down -0.17 (-0.21%), and Aug RBOB gasoline (RBQ24 ) is down -0.43 (-0.17%). Crude oil and gasoline prices today gave up an early advance and turned lower. A stronger dollar today is negative for energy prices. Crude prices turned lower after stocks...
Barchart · Jul 17, 2024 Nat-Gas Prices Plummet on a US Supply Glut August Nymex natural gas (NGQ24 ) on Wednesday closed down by -0.153 (-6.99%). Aug nat-gas prices Wednesday plummeted to a 2-1/2 month low and closed sharply lower. A glut of US nat-ga supplies continues to undercut prices, with nat-gas inventories +18.7% above their 5-year seasonal average as of July 5....
Barchart · Jul 17, 2024 Crude Rallies on Dollar Weakness and Tighter US Oil Supplies August WTI crude oil (CLQ24 ) on Wednesday closed up +2.09 (+2.59%), and Aug RBOB gasoline (RBQ24 ) closed up +2.38 (+0.96%). Crude oil and gasoline prices Wednesday settled moderately higher. Wednesday's slump in the dollar index (DXY00 ) to a 3-3/4 month low is bullish for energy prices. Gains...
Barchart · Jul 17, 2024 Nat-Gas Prices Plummet on a Glut of US Supplies August Nymex natural gas (NGQ24 ) on Wednesday closed down by -0.153 (-6.99%). Aug nat-gas prices Wednesday plummeted to a 2-1/2 month low and closed sharply lower. A glut of US nat-ga supplies continues to undercut prices, with nat-gas inventories +18.7% above their 5-year seasonal average as of July 5....
Barchart · Jul 17, 2024 Crude Jumps on a Weaker Dollar and a Plunge in EIA Inventories August WTI crude oil (CLQ24 ) today is up +1.73 (+2.14%), and Aug RBOB gasoline (RBQ24 ) is up +1.37 (+0.55%). Crude oil and gasoline prices today are moderately higher. Today's slump in the dollar index (DXY00 ) to a 3-3/4 month low is bullish for energy prices. Gains in...