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The Latest Breaking News from EIA

Crude Oil Prices Jump on Fears of a Wider Conflict in the Middle East

May WTI crude oil (CLK26 ) today is up +3.37 (+3.82%), and May RBOB gasoline (RBK26 ) is up +0.1158 (+3.92%). Crude oil and gasoline prices are sharply higher today, recovering some of Monday’s losses amid concerns that the conflict in the Middle East could escalate. Crude prices are climbing...

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Crude Oil Prices Plunge on Hopes of Peace Talks to End the Iran War

April WTI crude oil (CLJ26 ) on Monday closed down -10.10 (-10.28%), and April RBOB gasoline (RBJ26 ) closed down -0.3045 (-9.42%). Crude oil and gasoline prices gave up an overnight advance and plunged on Monday, with crude falling to a 1.5-week low and gasoline dropping to a 1-week low....

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Warm US Weather Knocks Nat-Gas Prices Sharply Lower

April Nymex natural gas (NGJ26 ) on Monday closed down -0.204 (-6.59%). Nat-gas prices tumbled to a 3-week low on Monday and settled sharply lower. The outlook for warmer US weather, which will reduce nat-gas heating demand, is weighing on prices. The Commodity Weather Group on Monday said forecasts shifted...

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Crude Oil Prices Sink as President Trump Backs Off Iran Threats

April WTI crude oil (CLJ26 ) today is down -11.30 (-11.50%), and April RBOB gasoline (RBJ26 ) is down -0.3374 (-10.49%). Crude oil and gasoline prices gave up an overnight advance and sold off sharply today, with crude falling to a 1.5-week low and gasoline dropping to a 1-week low....

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Crude Prices Surge on Reports the US is Preparing Troop Deployment in Iran

April WTI crude oil (CLJ26 ) on Friday closed up +2.18 (+2.27%), and April RBOB gasoline (RBJ26 ) closed up +0.1591 (+5.09%). Crude oil and gasoline prices rallied sharply on Friday, with gasoline posting a 3.5-year nearest-futures high. Crude prices surged on Friday as the Iran war drags on, with...

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Nat-Gas Prices Slide as US Weather Warms

April Nymex natural gas (NGJ26 ) on Friday closed down -0.071 (-2.24%). Nat-gas prices moved lower on Friday as warming US weather forecasts could lead to reduced nat-gas heating demand. The Commodity Weather Group on Friday said forecasts shifted warmer, with above-average temperatures expected across the western half of the...

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Crude Oil Prices Push Higher on Fears Iran War Will Escalate

April WTI crude oil (CLJ26 ) today is up +1.26 (+1.31%), and April RBOB gasoline (RBJ26 ) is up +0.0862 (+2.76%). Crude oil and gasoline prices are sharply higher today as the Iran war drags on, with the Strait of Hormuz closed and Iran continuing attacks on the energy infrastructure...

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Crude Oil Prices Erase Gains on Hopes US to Add Supplies to Oil Markets

April WTI crude oil (CLJ26 ) on Thursday closed down -0.18 (-0.19%), and April RBOB gasoline (RBJ26 ) closed up +0.0286 (+0.92%). Crude oil and gasoline prices fell back from early highs on Thursday and settled mixed, with gasoline climbing to a 3.5-year high. Escalation of the Iran war is...

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Nat-Gas Prices Rally with Global Gas Prices as Iran Attacks Curb Supplies

April Nymex natural gas (NGJ26 ) on Thursday closed up +0.101 (+3.30%). Nat-gas prices settled sharply higher on Thursday, garnering carryover support from a surge in European nat-gas prices to a 3-year high. European natural gas prices surged on Thursday after Qatar reported "extensive damage" at the world's largest natural...

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Crude Oil Prices Strengthen as Iran Escalates Attacks on Energy Infrastructure

April WTI crude oil (CLJ26 ) today is up +1.04 (+1.08%), and April RBOB gasoline (RBJ26 ) is up +0.0425 (+1.37%). Crude oil and gasoline prices are moving higher today, with gasoline climbing to a 3.5-year high. Escalation of the Iran war is pushing energy prices higher as Iran escalates...

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Crude Oil Prices Rise as Iran Threatens Attacks on Middle Eastern Energy Infrastructure

April WTI crude oil (CLJ26 ) on Wednesday closed up +0.11 (+0.11%), and April RBOB gasoline (RBJ26 ) closed down -0.0249 (-0.80%). Crude oil and gasoline prices fell back from sharp gains and settled mixed on Wednesday. Energy prices initially rallied sharply on Wednesday, with gasoline soaring to a 3.5-year...

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Nat-Gas Prices Rebound as European Gas Prices Surge on Iran Risks

April Nymex natural gas (NGJ26 ) on Wednesday closed up +0.032 (+1.06%). Nat-gas prices recovered from a 1.5-week low on Wednesday and settled higher. Short covering emerged in nat-gas futures on Wednesday on carryover support from a +6% surge in European gas prices to a 1-week high after Iran threatened...

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Corn Rallying at Midday

Corn futures are trading with 8 to 9 cent gains across most contracts on Wednesday. The CmdtyView national average Cash Corn price is up 8 ½ cents to $4.19. Crude is up $1.50 so far on the day and $6 off the early lows. EIA data was out this morning,...

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Trump officials say gas prices will return to normal in ‘a few more weeks,’ but his own Energy Department says it will be 2027

Government projections don’t see gas prices falling below $3 per gallon until the end of next year.

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Crude Oil Jumps as Iran Said it Will Target Middle Eastern Oil Infrastructure

April WTI crude oil (CLJ26 ) today is up +2.83 (+2.94%), and April RBOB gasoline (RBJ26 ) is up +0.0907 (+2.90%). Crude oil and gasoline prices recovered from early losses and are sharply higher, with gasoline soaring to a 3.5-year high. Escalation of the Iran war is pushing energy prices...

International Business Times UK

Trump Administration Eliminated Energy Experts Who Model Oil Market Shocks Ahead Of Iran Strikes — Elevates Risk Of Price Surges

Cuts to US energy offices under the Trump administration are under scrutiny as Iran war strikes rattle oil markets and complicate efforts to manage the global energy crisis.

International Business Times

US Gasoline and Diesel Prices Surge: National Averages Hit $3.84 for Regular Gas, $5.07 for Diesel

Pump prices for gasoline and diesel fuel continued their sharp upward climb across the United States on Wednesday

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Corn Comes Back to Close with Slight Gains on Tuesday

Corn futures rounded out Tuesday trade, with contracts steady to 2 ¼ cents higher, as July slipped ¼ cent. The CmdtyView national average Cash Corn price was steady to $4.11 3/4. Crude was up $2.52 on the day. EIA data will be released on Wednesday morning, showing ethanol production and...

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Crude Oil Rallies as Iranian Attacks Disrupt Middle Eastern Supplies

April WTI crude oil (CLJ26 ) on Tuesday closed up +2.71 (+2.90%), and April RBOB gasoline (RBJ26 ) closed up +0.1231 (+4.10%). Crude oil and gasoline prices rallied sharply on Tuesday, with gasoline posting a 1-week high. Energy prices are rising amid renewed attacks on key energy infrastructure in the...

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Nat-Gas Prices Gain as Iran Attacks Key Energy Infrastructure

April Nymex natural gas (NGJ26 ) on Tuesday closed up +0.010 (+0.33%). Nat-gas prices settled slightly higher on Tuesday, gaining on carryover support from a +1% rally in European nat-gas prices on supply concerns after operations were suspended at the Shah gas field in the United Arab Emirates when an...

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Crude Oil Prices Gain as Iran Renews Attacks on Middle East Energy Infrastructure

April WTI crude oil (CLJ26 ) today is up +1.41 (+1.51%), and April RBOB gasoline (RBJ26 ) is up +0.0849 (+2.83%). Crude oil and gasoline prices are moving sharply higher today, with gasoline posting a 1-week high. Energy prices are rising amid renewed attacks on key energy infrastructure in the...

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Crude Oil Prices Retreat as Several Tankers Sail Through the Strait of Hormuz

April WTI crude oil (CLJ26 ) on Monday closed down -5.21 (-5.28%), and April RBOB gasoline (RBJ26 ) closed down -0.0411 (-1.35%). Crude oil prices sold off sharply on Monday in hopes that oil tankers may soon be able to move through the Strait of Hormuz. Several oil tankers safely...

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Nat-Gas Prices Fall in Sympathy With Declines in Crude Oil

April Nymex natural gas (NGJ26 ) on Monday closed down -0.108 (-3.45%). Nat-gas prices fell sharply on Monday amid negative carryover from a -5% plunge in crude oil prices on hopes that the Strait of Hormuz can soon be reopened to maritime traffic. Also, a mixed US weather report weighed...

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Crude Oil Prices Slump on Hopes Strait of Hormuz to Soon Reopen

April WTI crude oil (CLJ26 ) today is down -3.35 (-3.39%), and April RBOB gasoline (RBJ26 ) is down -0.0033 (-0.11%). Crude oil prices are sharply lower today on hopes that oil tankers may soon be able to move through the Strait of Hormuz. Several oil tankers safely navigated the...

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Crude Oil Prices Rally as Iran War Disrupts Global Supplies

April WTI crude oil (CLJ26 ) on Friday closed up +2.98 (+3.11%), and April RBOB gasoline (RBJ26 ) closed up +0.0768 (+2.59%). Energy prices settled sharply higher on Friday amid news headlines that whipsawed prices. Crude prices recovered from early losses and rallied sharply on Friday after the Wall Street...

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