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The Latest Breaking News from EIA

EIA Expects US Natural Gas Production To Decline In 2024 Despite Soaring Demand

According to the Energy Information Administration, U.S. dry gas production is expected to decrease from last year's 103.8 billion cubic feet per day (bcfd) to 103.5 bcfd this year.

International Business Times

Crude Prices Sink as China Refrains from New Stimulus Measures

Nov WTI crude oil (CLX24 ) Tuesday closed down -3.57 (-4.63%), and Nov RBOB gasoline (RBX24 ) closed down -8.57 (-3.98%). Crude oil and gasoline prices Tuesday gave up an early advance and sold off sharply after China refrained from adding new stimulus measures. Also, an increase in Libyan crude...

Barchart

Nat-Gas Prices Rise on Smaller-Than-Expected EIA Stockpile Build

November Nymex natural gas (NGX24 ) on Thursday closed up by +0.084 (+2.91%). Nov nat-gas prices Thursday settled moderately higher after weekly EIA nat-gas stockpiles rose less than expected. EIA nat-gas inventories for the week ended September 27 rose +55 bcf, below expectations of +62 bcf. Nat-gas prices Wednesday posted...

Barchart

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Crude Spikes to a 1-Month High on Possible Israeli Retaliation on Iranian Oil Facilities

Nov WTI crude oil (CLX24 ) today is up +2.68 (+3.82%), and Nov RBOB gasoline (RBX24 ) is up +7.77 (+3.91%). Crude oil and gasoline prices surged today to 1-month highs on concern Israel may target Iran's oil industry in retaliation for its missile attack on Israel. Crude prices also...

Barchart

Crude Prices Supported by Middle East Hostilities

Nov WTI crude oil (CLX24 ) Wednesday closed up +0.27 (+0.39%), and Nov RBOB gasoline (RBX24 ) closed up +1.93 (+0.98%). Crude oil and gasoline prices rose to 1-week highs on Wednesday and closed higher. Heightened Middle East tensions are supporting crude prices after Israel vowed to retaliate against Iran...

Barchart

Nat-Gas Prices Erase Early Gains on the Outlook for Larger US Supplies

November Nymex natural gas (NGX24 ) on Wednesday closed down by -0.010 (-0.35%). Nov nat-gas prices Wednesday fell back from a 3-1/2 month high and closed moderately lower. Nat-gas gave up its gains on the outlook for larger US supplies. The Matterhorn Express Pipeline began operations this week in Texas...

Barchart

Crude Gives Up Most Gains as Weekly EIA Inventories Unexpectedly Climb

Nov WTI crude oil (CLX24 ) today is up +0.21 (+0.30%), and Nov RBOB gasoline (RBX24 ) is up +0.14 (+0.07%). Crude oil and gasoline prices today climbed to 1-week highs and are modestly higher. Heightened Middle East tensions are supporting crude prices after Israel vowed to retaliate against Iran...

Barchart

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Heightened Geopolitical Risks in the Middle East Boost Crude Prices

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.66 (+2.44%), and Nov RBOB gasoline (RBX24 ) closed up +3.15 (+1.63%). Crude oil and gasoline prices Tuesday rallied sharply on escalating Middle East tensions that have the potential to disrupt oil supplies. Israel began a ground assault into Lebanon, and...

Barchart

Nat-Gas Prices Jump on Tighter Supplies and Rollover to November Contract

November Nymex natural gas (NGX24 ) on Friday closed up by +0.149 (+5.41%). Nov nat-gas prices Friday surged to a 3-1/4 month high and settled sharply higher. Nat-gas prices rose on carryover support from Thursday when weekly EIA nat-gas inventories rose less than expected. Also, commodity fund buying supported nat-gas...

Barchart

Forecasts for Seasonal US Temps Weigh on Nat-Gas Prices

November Nymex natural gas (NGX24 ) on Thursday closed down by -0.064 (-2.27%). Nov nat-gas prices Thursday gave up an early advance and turned lower on forecasts for seasonal US temperatures, which should reduce nat-gas demand from electricity providers to run air conditioning. The Commodity Weather Group said temperatures will...

Barchart

Crude Prices Tumble on Hopes for Resumption of Libyan Oil Exports

Nov WTI crude oil (CLX24 ) Wednesday closed down -1.87 (-2.61%), and Nov RBOB gasoline (RBX24 ) closed down -3.13 (-1.56%). Crude oil and gasoline prices settled sharply lower on Wednesday. A stronger dollar Wednesday weighed on energy prices. Oil prices were also weighed down by concern that Chinese fuel...

Barchart

Warm US Temps are Bullish for Nat-Gas Prices

October Nymex natural gas (NGV24 ) on Wednesday closed up by +0.086 (+3.37%). Oct nat-gas prices Wednesday rose sharply on the outlook for warmer US temperatures that will boost nat-gas demand from electricity providers to run air conditioning. On Wednesday, the Commodity Weather Group said that warmer-than-normal weather is expected...

Barchart

Crude Oil Prices Lower on Chinese Energy Demand Concerns

Nov WTI crude oil (CLX24) today is down -0.77 (-1.08%), and Nov RBOB gasoline (RBX24) is down -0.940 (-0.47%). Crude oil and gasoline prices today are moderately lower. A stronger dollar today is weighing on energy prices. Oil prices are also lower on concern that Chinese fuel demand will remain...

Barchart

Crude Oil Pushes Higher on Chinese Stimulus Measures

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.19 (+1.69%), and Nov RBOB gasoline (RBX24 ) closed up +3.79 (+1.93%). Crude oil and gasoline prices Tuesday posted moderate gains, with crude climbing to a 3-week high. Dollar weakness Tuesday was supportive of energy prices. Also, Tuesday's action by China...

Barchart

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Barchart

Nat-Gas Prices Retreat as Tropical Storm Helene Forecast to Miss Gulf Platforms

October Nymex natural gas (NGV24 ) on Tuesday closed down by -0.062 (-2.37%). Oct nat-gas prices Tuesday fell back from a 3-month high and posted moderate losses. Updated weather forecasts Tuesday project Tropical Storm Helene to make landfall on the US Gulf Coast farther east than previous projections, sparing most...

Barchart

Nat-Gas Prices Surge as the Gulf of Mexico Braces for a New Tropical Storm

October Nymex natural gas (NGV24 ) on Monday closed up by +0.179 (+7.35%). Oct nat-gas prices Monday rallied sharply to a 3-month high on concern a tropical storm developing in the Caribbean will strengthen into a hurricane as it moves north and disrupt nat-gas production in the Gulf of Mexico....

The National (Scotland)

Call for John Swinney to intervene over council's handling of Taymouth Castle plans

JOHN Swinney is being urged to intervene to prevent further changes to the controversial Taymouth Castle development.

Barchart

Nat-Gas Prices Recover Early Losses on the Outlook for Warmer US Temps

October Nymex natural gas (NGV24 ) on Thursday closed up by +0.064 (+2.80%). Oct nat-gas prices Thursday recovered from a 1-week low and closed moderately higher on forecasts for warmer US temperatures that will boost nat-gas demand from electricity providers to run air conditioning. Short-covering emerged Thursday in nat-gas futures...

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Barchart

Crude Prices Close Lower on Energy Demand Concerns in China

Oct WTI crude oil (CLV24 ) Wednesday closed down -0.28 (-0.39%), and Oct RBOB gasoline (RBV24 ) closed up +0.88 (+0.44%). Crude oil and gasoline prices Wednesday settled, with gasoline posting a 2-week high. Crude was under pressure Wednesday on concerns about Chinese energy demand after two Chinese refiners run...

Barchart

Forecasts for Seasonal US Temps Weigh on Nat-Gas Prices

October Nymex natural gas (NGV24 ) on Wednesday closed down by -0.040 (-1.72%). Oct nat-gas prices Wednesday posted moderate losses. Forecasts for seasonal US temperatures that will curb nat-gas demand from electricity providers to run air conditioning are weighing on prices. NatGasWeather said Wednesday that seasonal temperatures are expected across...

Barchart

Crude Prices Slip on Chinese Fuel Demand Concerns

Oct WTI crude oil (CLV24 ) today is down -0.44 (-0.62%), and Oct RBOB gasoline (RBV24 ) is down -0.38 (-0.19%). Crude oil and gasoline prices today are moderately lower. Crude is under pressure today on concerns about Chinese energy demand after two Chinese refiners run by Sinochem Group declared...

Newcastle Herald

Woolworths lodges plans to transform old Bunnings Belmont site

It was almost a German supermarket, now a new player is eyeing it off.

Barchart

Crude Prices Climb on US Economic Strength and Heightened Middle East Tensions

Oct WTI crude oil (CLV24 ) Tuesday closed up +1.10 (+1.57%), and Oct RBOB gasoline (RBV24 ) closed up +3.37 (+1.71%). Crude oil and gasoline prices Tuesday rallied to 2-week highs and settled moderately higher. Crude rallied Tuesday as stronger-than-expected US economic news showed economic strength that is bullish for...

Barchart

Nat-gas Prices Jump as Weekly EIA Inventories Climb Less Than Expected

October Nymex natural gas (NGV24 ) on Thursday closed up by +0.087 (+3.83%). Oct nat-gas prices Thursday jumped to a 3-week high on a lower-than-expected build in weekly EIA nat-gas supplies. The EIA reported Thursday that weekly nat-gas inventories rose +40 bcf, below expectations of +48 bcf. Nat-gas prices also...

StockNews.com

3 Oil Stocks With High Yields to Buy Now

Although global oil demand is projected to grow, it’s happening more slowly. In this climate, investing in fundamentally sound companies such as EOG Resources, Inc. (EOG), Energy Transfer LP (ET), and Sabine Royalty Trust (SBR) could be wise. These firms offer not just reliable dividend income but also strong potential…

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