The Latest Breaking News from EIA

Crude Prices Fall after Weekly EIA Crude Inventories Unexpectedly Climb

July WTI crude oil (CLN23 ) this morning is down -0.60 (-0.86%), and July RBOB gasoline (RBN23 ) is down -0.34 (-0.13%). July Nymex natural gas (NGN23 ) is up +0.003 (+0.09%). Crude oil and gasoline prices this morning are mixed. Crude prices gave up an early advance and moved...

Barchart · Jun 14, 2023

Crude Prices Finish Sharply Higher on Hopes for Additional China Stimulus

July WTI crude oil (CLN23 ) on Tuesday closed up +2.30 (+3.43%), and July RBOB gasoline (RBN23 ) closed up +7.53 (+3.03%). Crude oil and gasoline prices Tuesday rallied sharply. A slump in the dollar index Tuesday to a 3-week low was bullish for energy prices. Also, the outlook for...

Barchart · Jun 13, 2023

Brakes on seawalls

The new environmental law on seawall project development is a real celebration of World Ocean Day, which fell on Thursday. The long overdue environmental code that requires environmental impact assessments (EIAs) for such structures is expected to help slow down the rapid development of seawall projects in coastal areas.

Bangkok Post · Jun 9, 2023

Crude Rallies on Dollar Weakness and an Unexpected Decline in EIA Crude Inventories

July WTI crude oil (CLN23 ) this morning is up +1.07 (+1.49%), and July RBOB gasoline (RBN23 ) is up +5.95 (+2.32%). July Nymex natural gas (NGN23 ) is up +0.041 (+1.81%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar (DXY00 ) today is pushing...

Barchart · Jun 7, 2023

Crude Prices Slip on Stronger Dollar and Weak Economic News

July WTI crude oil (CLN23) on Tuesday closed down -0.41 (-0.57%), and July RBOB gasoline (RBN23) closed up +3.99 (+1.58%). Crude oil and gasoline prices Tuesday settled mixed. A stronger dollar Tuesday weighed on crude prices. Crude was also under pressure from concerns that a slowdown in the global economy...

Barchart · Jun 6, 2023

Is teak furniture immoral? Why we no longer recommend our former favorite

It's a strong, water-resistant hardwood, but Myanmar teak is sanctioned by the US government.

Homes & Gardens · Jun 3, 2023

Crude Settles Higher on Dollar Weakness and Strong Economic Reports

July WTI crude oil (CLN23 ) on Thursday closed up +2.01 (+2.95%), and July RBOB gasoline (RBN23 ) closed down -0.76 (-0.31%). Crude oil and gasoline prices Thursday settled mixed. A decline in the dollar index Thursday to a 1-week low was bullish for energy prices. Also, the House passage...

Barchart · Jun 1, 2023

Nat-Gas Prices Slump on Ample Supplies and Mild Temps

July Nymex natural gas (NGN23 ) on Thursday closed down -0.108 (-4.77%). July nat-gas Thursday fell sharply to a 1-month low on ample supplies and mild U.S. temperatures. The EIA reported Thursday that U.S. nat-gas inventories rose by +110 bcf, above expectations of +107 bcf and above the five-year average...

Barchart · Jun 1, 2023

Crude Rallies on Dollar Weakness and Strong Economic Data

July WTI crude oil (CLN23 ) this morning is up +2.59 (+3.80%), and July RBOB gasoline (RBN23 ) is up +2.85 (+1.17%). July Nymex natural gas (NGN23 ) is down -0.104 (-4.59%). Crude oil and gasoline prices this morning are sharply higher on strong economic data and a decline in...

Barchart · Jun 1, 2023

Nat-Gas Prices Fall on Cooler U.S. Forecasts and Ample Supplies

July Nymex natural gas (NGN23 ) on Wednesday closed down -0.061 (-2.62%). July nat-gas prices Wednesday gave up early gains and finished moderately lower after updated weather forecasts called for cooler U.S. temperatures, which will curb nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group said above-normal...

Barchart · May 31, 2023