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The Latest Breaking News from EIA

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

October Nymex natural gas (NGV23 ) on Thursday closed +0.028 (+1.04%). Nat-gas prices on Thursday climbed to a 1-1/2 week high and settled moderately higher. Forecasts for hot U.S. temperatures next week that will boost nat-gas demand from electricity providers to run air conditioning pushed prices higher. The Commodity Weather...

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Shell (SHEL), Devon Energy (DVN), and Par Pacific (PARR): Energy Stock Buy, Hold or Sell?

Growing demand worldwide and constrained crude supply aggravated by extended production cuts by Saudi and Russia are expected to push oil and gas prices higher, boosting the energy sector’s prospects. Amid this, let’s find out if you should buy, sell, or hold energy stocks Shell (SHEL), Devon Energy (DVN), and…

StockNews.com

Crude Prices Close Lower as Weekly EIA Inventories Unexpectedly Climb

October WTI crude oil (CLV2 3 ) on Wednesday closed down -0.32 (-0.36%), and Oct RBOB gasoline (RBV23 ) closed up +1.05 (+0.38%). Crude oil and gasoline prices on Wednesday settled mixed. Crude fell from a 10-month high Wednesday and closed lower on a bearish weekly EIA inventory report. Crude...

Barchart

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Nat-Gas Prices Fall Back on the Outlook for Cooler U.S. Temps Next Week

October Nymex natural gas (NGV23 ) on Wednesday closed -0.063 (-2.30%). Nat-gas prices on Wednesday posted moderate losses on forecasts for cooler U.S. temperatures that will curb nat-gas demand from electricity providers to run air conditioning. The Commodity Weather Group said rain will cool off Texas from Sep 18-22, and...

Barchart

Crude Prices Strengthen on the Outlook for Tighter Global Supplies

October WTI crude oil (CLV23) this morning is up +0.23 (+0.26%), and Oct RBOB gasoline (RBV23) is up +0.40 (+0.15%). Crude oil and gasoline prices this morning are modestly higher, with crude posting a nearly 10-month high. Tightness in global oil supplies is underpinning oil prices after OPEC on Tuesday...

Barchart

Crude Prices Push Higher as OPEC Projects Global Oil Supplies to Tighten Further

October WTI crude oil (CLV23 ) on Tuesday closed up +1.55 (+1.78%), and Oct RBOB gasoline (RBV23 ) closed up +0.92 (+0.34%). Crude oil and gasoline prices on Tuesday posted moderate gains, with crude climbing to a nearly 10-month high and gasoline posting a 2-week high. Tightness in global oil...

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Crude Settles Moderately Higher on Tight Global Oil Supplies

October WTI crude oil (CLV23 ) on Friday closed up +0.64 (+0.74%), and Oct RBOB gasoline (RBV23 ) closed up +3.07 (+1.17%). Crude oil and gasoline prices Friday posted moderate gains, with gasoline climbing to a 1-1/2 week high. A weaker dollar Friday was supportive of energy prices. Crude also...

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Crude Grinds Higher on Dollar Weakness and Tight Global Oil Supplies

October WTI crude oil (CLV23 ) this morning is up +0.90 (+1.04%), and Oct RBOB gasoline (RBV23 ) is up +4.67 (+1.78%). Crude oil and gasoline prices this morning are moderately higher, with gasoline posting a 1-1/2 week high. A weaker dollar today is supportive of energy prices. Crude also...

Barchart

Nat-Gas Prices Gain on a Smaller Build in Weekly EIA Inventories

October Nymex natural gas (NGV23 ) on Thursday closed +0.069 (+2.75%). Nat-gas prices on Thursday rebounded from a 2-week low and rallied moderately on a smaller build in weekly supplies after EIA nat-gas inventories rose +33 bcf, below expectations of +41 bcf. Nat-gas prices Thursday initially fell to a 2-week...

Barchart

Crude Erases Early Gains on Dollar Strength and Energy Demand Concerns

October WTI crude oil (CLV23 ) on Thursday closed down -0.67 (-0.77%), and Oct RBOB gasoline (RBV23 ) closed up +2.16 (+0.83%). Crude oil and gasoline prices Thursday settled mixed, with gasoline posting a 1-1/2 week high. Crude prices gave up an early advance and moved lower on dollar strength...

Barchart

Crude Consolidates Recent Gains as EIA Crude Inventories Tighten

October WTI crude oil (CLV23 ) this morning is up +0.03 (+0.03%), and Oct RBOB gasoline (RBV23 ) is up +2.67 (+1.03%). Crude oil and gasoline prices today are slightly higher, with gasoline posting a 1-1/2 week high and crude holding just below Wednesday’s 9-1/2 month high. Crude has carryover...

Barchart

Nat-Gas Prices Weighed Down by Cooler U.S. Weather Forecasts

October Nymex natural gas (NGV23 ) on Wednesday closed -0.072 (-2.79%). Nat-gas prices on Wednesday extended Tuesday's sharp decline to a 2-week low. Nat-gas prices were undercut by forecasts for cooler-than-normal U.S. temperatures that would reduce nat-gas demand from electricity providers to run air conditioning. The Commodity Weather Group said...

Barchart

Crude Oil Boosted by Outlook for Tighter Global Oil Supplies

October WTI crude oil (CLV23 ) on Wednesday closed up +0.85 (+0.98%), and Oct RBOB gasoline (RBV23 ) closed up +2.04 (+0.79%). Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to a 9-1/2 month high. Crude found carryover support from Tuesday when Saudi Arabia and Russia...

Barchart

What causes high gas prices?

The price of crude oil is the single biggest contributor to the retail price of gasoline.

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Crude Sharply Higher on Report Russia Will Extend Its Export Cuts

October WTI crude oil (CLV23 ) Friday closed up +1.92 (+2.30%), and Oct RBOB gasoline (RBV23 ) closed up +2.53 (+0.99%). Crude oil prices Friday closed sharply 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 has agreed...

Barchart

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...

Barchart

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...

Barchart

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...

Barchart

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...

Barchart

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...

Barchart

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...

The Hindu

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

Barchart

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....

Barchart

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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