The Latest Breaking News from EIA

Texas Bitcoin Miners Score Win In Bid To Block Energy Department's Usage Data Collection

A unit of the U.S. Energy Department said earlier this month that it was looking to conduct a "mandatory survey" to determine how much energy Bitcoin miners use in their activities.

International Business Times · Feb 26, 2024

Nat-Gas Prices Tumble on Abundant U.S. Supplies

March Nymex natural gas (NGH24 ) on Thursday closed -0.041 (-2.31%). Nat-gas prices on Thursday tumbled on abundant EIA nat-gas supplies. The EIA reported Thursday that weekly nat-gas inventories fell -60 bcf, a much smaller draw than the 5-year average for this time of year of -168 bcf, which boosted...

Barchart · Feb 22, 2024

Crude Prices Climb on U.S. Economic Strength

April WTI crude oil (CLJ24 ) on Thursday closed up +0.70 (+0.90%), and Apr RBOB gasoline (RBJ24 ) closed up +3.67 (+1.45%). Crude oil and gasoline prices on Thursday posted moderate gains. Signs of strength in the U.S. economy supported energy demand and crude prices after Thursday's news showed weekly...

Barchart · Feb 22, 2024

Crude Prices Tumble as Weekly EIA Crude Inventories Surge

March WTI crude oil (CLH24 ) on Wednesday closed down -1.23 (-1.58%), and Mar RBOB gasoline (RBH24 ) closed down -7.77 (-3.24%). Crude oil and gasoline prices on Wednesday gave up early gains and settled sharply lower, with crude falling back from a 2-week high. Crude prices turned lower after...

Barchart · Feb 14, 2024

Unlock 2024 Success With These 3 Energy Stocks

Geopolitical tensions and economic uncertainties present considerable potential to drive oil prices higher. Therefore, one could capitalize on this by investing in robust energy stocks HF Sinclair (DINO), CVR Energy (CVI), and REX American Resources (REX) for solid returns. Read on.

StockNews.com · Feb 12, 2024

Will These 3 Energy Stocks Make Waves in the Market?

Despite the ongoing shift to cleaner energy sources, traditional fuels like oil and natural gas will likely see steady demand. Therefore, will it be wise to buy energy stocks Halliburton Company (HAL), Helmerich & Payne (HP), and Delek US Holdings (DK)? Keep reading….

StockNews.com · Feb 9, 2024

Fueling Your Portfolio: Is it Time to Invest in CVX and XOM?

Although oil prices have stayed within a limited range because of worries over diminished demand from China and sluggish global economic expansion, the energy sector is primed for expansion owing to possible price hikes resulting from supply limitations. Given this backdrop, let's analyze if it's time to invest in energy…

StockNews.com · Feb 9, 2024

3 Key Energy Stocks for Your 2024 Watchlist

The energy industry is well positioned for long-term growth thanks to short-term constraints in supply and steady demand for oil and gas. Therefore, investors could consider adding fundamentally strong energy stocks Valero Energy (VLO), HF Sinclair (DINO), and Newpark Resources (NR) to their watchlist. Keep reading.

StockNews.com · Feb 8, 2024

Should You Invest in These 3 Oil & Gas Stocks Before They Surge?

With forecasts pointing to strong global demand for oil and natural gas this year, the energy sector is positioned for prosperity. Given this outlook, should investors own the shares of three oil and gas companies, BP p.l.c. (BP), Western Midstream Partners (WES), and Global Partners LP (GLP)? Read more to…

StockNews.com · Feb 8, 2024

Crude Settles Higher on Dollar Weakness and Middle East Geopolitical Risks

March WTI crude oil (CLH24 ) on Tuesday closed up +0.53 (+0.73%), and Mar RBOB gasoline (RBH24 ) closed up +0.81 (+0.37%). Crude oil and gasoline prices on Tuesday posted moderate gains. A weaker dollar Tuesday was supportive of energy prices. Also, ongoing geopolitical risks in the Middle East are...

Barchart · Feb 6, 2024