The Latest Breaking News from EIA

Given increasing geopolitical concerns, rising oil prices, and extending OPEC+ production cuts, the oil and gas market is poised for robust growth. Therefore, fundamentally solid energy stocks Cenovus Energy (CVE), Suncor Energy (SU), and Energy Transfer (ET) could be ideal investment choices. Read more.

Production will increase to meet the demand from liquefied natural gas export plants.

December WTI crude oil (CLZ24 ) Wednesday closed down -0.52 (-0.75%), and December RBOB gasoline (RBZ24 ) closed up +0.0081 (+0.40%). Crude oil and gasoline prices Wednesday settled mixed, with gasoline posting a 1-month high. Escalation of the Ukraine-Russian war is a bullish factor for crude prices after Ukraine fired...

December Nymex natural gas (NGZ24 ) on Wednesday closed sharply higher by +0.195 (+6.50%) Dec nat-gas prices Wednesday extended this week's sharp rally to a 10-month nearest-futures high. The outlook for sharply colder temperatures toward the end of the month that will boost heating demand for nat-gas is pushing prices...

December WTI crude oil (CLZ24 ) today is up +0.21 (+0.30%), and December RBOB gasoline (RBZ24 ) is up +0.0210 (+1.03%). Crude oil and gasoline today are moderately higher, with crude posting a 1-week high and gasoline posting a 1-month high. Escalation of the Ukraine-Russian war is boosting crude prices...

December WTI crude oil (CLZ24 ) Tuesday closed up +0.23 (+0.33%), and December RBOB gasoline (RBZ24 ) closed up +0.0194 (+0.96%). Crude oil and gasoline prices Tuesday rallied to 1-week highs and closed moderately higher. Crude found support Tuesday from a weaker dollar and an escalation of the Ukraine-Russian war....

December WTI crude oil (CLZ24 ) Thursday closed up +0.27 (+0.39%), and December RBOB gasoline (RBZ24 ) closed up +0.0166 (+0.84%). Crude oil and gasoline prices on Thursday posted moderate gains after weekly EIA gasoline and distillate supplies unexpectedly declined, a sign of stronger fuel demand. Gains in crude were...

December Nymex natural gas (NGZ24 ) on Thursday closed sharply lower by -0.198 (-6.64%) Dec nat-gas prices sold off Thursday after weekly EIA nat-gas supplies rose more than expected. The EIA reported that nat-gas inventories the week of November 8 rose by +42 bcf, above expectations of +39 bcf and...

December WTI crude oil (CLZ24 ) today is up +0.18 (+0.26%), and December RBOB gasoline (RBZ24 ) is up +0.0200 (+1.02%). Crude oil and gasoline prices today are moderately higher after weekly EIA gasoline and distillate supplies unexpectedly declined, a sign of stronger fuel demand. Gains in crude are limited...

December WTI crude oil (CLZ24 ) Wednesday closed up +0.31 (+0.46%), and December RBOB gasoline (RBZ24 ) closed up +0.0008 (+0.04%). Crude oil and gasoline prices recovered from 2-week lows and settled slightly higher on Wednesday. Short covering emerged in crude Wednesday after Russian President Putin and Saudi Crown Prince...

December Nymex natural gas (NGZ24 ) on Wednesday closed higher by +0.076 (+2.61%) Dec nat-gas prices Wednesday posted moderate gains but remained below Tuesday's 6-week nearest-futures high. The outlook for colder US temperatures to boost heating demand for nat-gas pushed prices higher Wednesday. Forecaster Maxar Technologies said forecasts shifted cooler...