The Latest Breaking News from EIA

May WTI crude oil (CLK24 ) on Wednesday closed down -2.67 (-3.13%), and May RBOB gasoline (RBK24 ) closed down -9.36 (-3.32%). Crude and gasoline prices Wednesday sold off sharply, with crude falling to a 3-week low and gasoline dropping to a 2-week low. Crude prices tumbled after Wednesday's weekly...

May WTI crude oil (CLK24 ) this morning is down -0.88 (-1.03%), and May RBOB gasoline (RBK24 ) is down -4.99 (-1.77%). Crude and gasoline prices this morning are moderately lower, with crude falling to a 2-week low. Crude prices moved lower after weekly EIA crude inventories rose more than...

May Nymex natural gas (NGK24 ) on Thursday closed down by -0.121 (-6.42%). May nat gas prices Thursday settled sharply lower due to a larger-than-expected rise in EIA nat-gas inventories of +24 bcf last week, more than expectations of +15 bcf. A mixed weather forecast also undercut nat-gas prices after...

May WTI crude oil (CLK24 ) this morning is down -0.96 (-1.11%), and May RBOB gasoline (RBK24 ) is down -1.69 (-0.61%). Crude and gasoline prices this morning are moderately lower. Today's rally in the dollar index to a 4-3/4 month high pressured energy prices. Crude also has some negative...

May Nymex natural gas (NGK24 ) on Wednesday closed up by +0.013 (+0.69%). May nat gas prices Wednesday extended this week's rally to a 1-month high on forecasts for cool US temperatures that would boost heating demand for nat gas. However, nat-gas prices fell back from their best levels after...

May WTI crude oil (CLK24 ) on Wednesday closed up +0.98 (+1.15%), and May RBOB gasoline (RBK24 ) closed up +2.60 (+0.94%). Crude and gasoline prices Wednesday recovered from early losses and posted moderate gains after US intelligence said it believes a major missile or drone strike is imminent by...

May WTI crude oil (CLK24 ) this morning is down -0.28 (-0.33%), and May RBOB gasoline (RBK24 ) is down -0.77 (-0.28%). Crude and gasoline prices this morning are mildly lower, with crude falling to a 1-week low. Crude prices today gave up an early advance and turned lower after...

The escalating geopolitical worries, tightened oil supplies, and increased oil consumption have bolstered the energy market. Given this backdrop, quality energy stocks Ultrapar Participações S.A. (UGP), Precision Drilling Corporation (PDS), and Adams Resources & Energy (AE) could be wise portfolio additions for potential gains this month. Read on….

May WTI crude oil (CLK24 ) on Tuesday closed down -1.20 (-1.39%), and May RBOB gasoline (RBK24 ) closed up +0.70 (+0.25%). Crude and gasoline prices on Tuesday settled mixed. Weakness in equity markets Tuesday undercut confidence in the economic outlook, which was bearish for energy demand and crude prices....