The Latest Breaking News from EIA

Crude Rallies on an Unexpected Decline in Weekly EIA Crude Inventories

July WTI crude oil (CLN23 ) on Wednesday closed up +0.79 (+1.10%), and July RBOB gasoline (RBN23 ) closed up +7.69 (+3.00%). Crude oil and gasoline prices Wednesday closed moderately higher. Signs of stronger Chinese crude demand pushed prices higher, as did a jump in U.S refinery runs to a...

Barchart · Jun 7, 2023

Nat-Gas Closes Higher on Forecasts for Warmer U.S. Weather

July Nymex natural gas (NGN23 ) on Wednesday closed up +0.067 (+2.96%). July nat-gas Wednesday moved higher on forecasts for warmer U.S. weather, which will boost nat-gas demand from electricity providers to cover increased air-conditioning usage. Forecaster Atmospheric G2 sai above-normal temperatures are expected next week in Texas, the top...

Barchart · Jun 7, 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 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

Crude Prices Sink on Outlook for OPEC+ to Maintain Crude Production Targets

July WTI crude oil (CLN23 ) this morning is down -3.01 (-4.05%), and July RBOB gasoline (RBN23 ) is down -9.74 (-3.72%). June Nymex natural gas (NGM23 ) is down -0.059 (-2.46%). Crude oil and gasoline prices this morning are sharply lower. A rally in the dollar index today to...

Barchart · May 25, 2023

Crude Posts Moderate Gains as Weekly EIA Crude Inventories Unexpectedly Plunge

July WTI crude oil (CLN23 ) on Wednesday closed up +1.43 (+1.96%), and July RBOB gasoline (RBN23 ) closed up +6.00 (+2.34%). Crude oil and gasoline prices posted moderate gains, with crude climbing to a 3-week high and gasoline climbing to a 5-week high. Crude prices opened higher Wednesday on...

Barchart · May 24, 2023

Nat-Gas Prices Climb on the Outlook for Hot U.S. Summer Temps

June Nymex natural gas (NGM23 ) on Wednesday closed up +0.077 (+3.32%). Jun nat-gas Wednesday rallied moderately as the outlook for hot summer weather is positive for the demand for nat-gas from electricity providers to power increased air-conditioning usage. Above-normal temperatures are expected across the Midwest and Northeast from May...

Barchart · May 24, 2023

Crude Prices Jump as Weekly EIA Crude Inventories Unexpectedly Plunge

July WTI crude oil (CLN23 ) this morning is up +1.35 (+1.85%), and July RBOB gasoline (RBN23 ) is up +4.86 (+1.91%). June Nymex natural gas (NGM23 ) is up +0.056 (+2.41%). Crude oil and gasoline prices this morning are moving higher, with crude posting a 3-week high and gasoline...

Barchart · May 24, 2023

Crude Posts Moderate Gains on Comments from Saudi Energy Minister

July WTI crude oil (CLN23 ) on Tuesday closed up +0.86 (+1.19%), and July RBOB gasoline (RBN23 ) closed up +2.11 (+0.83%). Crude oil and gasoline prices Tuesday settled moderately higher, with crude posting a 1-1/2 week high and gasoline climbing to a 5-week high. Crude prices jumped Tuesday after...

Barchart · May 23, 2023