The Latest Breaking News from EIA

January Nymex natural gas (NGF24 ) on Wednesday closed +0.069 (+2.71%). Nat-gas prices on Wednesday rallied to a 3-week high and closed moderately higher. Fund short covering propelled nat-gas prices higher ahead of Wednesday's January Nymex nat-has futures contract expiration. Also, the outlook for colder U.S. temperatures that will boost...

Onshore farm that campaigners say would be UK’s biggest was given planning go-ahead without environmental check

January Nymex natural gas (NGF24 ) on Friday closed +0.038 (+1.48%), adding to Thursday's surge of +5.11%. Nat-gas prices on Friday closed moderately higher, extending Thursday's rally that was sparked by short-covering and the larger-than-expected draw in weekly U.S. nat-gas stockpiles. The EIA reported that U.S. nat-gas inventories fell -87...

February WTI crude oil (CLG24 ) closed down -0.33 (-0.45%), and Feb RBOB gasoline (RBG24 ) closed down -2.84 (-1.32%). Crude oil prices saw continued downward pressure from Wednesday's bearish EIA report and Thursday's news that Angola dropped out of the OPEC cartel. However, crude oil prices saw support this...

February WTI crude oil (CLG24 ) is down -0.08 (-0.1%), and Feb RBOB gasoline (RBG24 ) is down -0.0080 (-0.37%). Crude oil and gasoline prices today are seeing continued downward pressure from Wednesday's bearish EIA report and Thursday's news that Angola dropped out of the OPEC cartel. Crude oil is...

Due to consumer demand, crude oil can be a cyclical market. Cold weather brings on heating demand. Warmer weather brings on gasoline demand. Geopolitical factors often significantly impact oil prices that may or may not coincide with a seasonal pattern. Currently, it seems crude oil is experiencing all three of…

January Nymex natural gas (NGF24 ) on Thursday closed up +0.125 (+5.11%). Nat-gas prices on Thursday rallied sharply on a greater-than-expected draw in weekly U.S. nat-gas stockpiles. The EIA reported that U.S. nat-gas inventories fell -87 bcf, a larger draw than expctations of -82 bcf. Nat-gas prices were undercut by...

February WTI crude oil (CLG24 ) on Thursday closed down -0.33 (-0.44%), and Feb RBOB gasoline (RBG24 ) closed down -4.05 (-1.83%). Crude oil and gasoline prices on Thursday closed moderately lower. Crude prices were weighed down by negative carryover from Wednesday when the EIA reported an unexpected increase in...

February WTI crude oil (CLG24 ) this morning is down -0.66 (-0.89%), and Feb RBOB gasoline (RBG24 ) is down -4.33 (-1.96%). Crude oil and gasoline prices this morning are moderately lower. Crude prices today are weighed down by negative carryover from Wednesday when the EIA reported an unexpected increase...

February WTI crude oil (CLG24 ) on Wednesday closed up +0.28 (+0.38%), and Feb RBOB gasoline (RBG24 ) closed up +0.06 (+0.03%). Crude oil and gasoline prices on Wednesday posted modest gains, with crude climbing to a 2-1/2 week high. Concerns about disruptions to Middle East crude supplies are boosting...

January Nymex natural gas (NGF24 ) on Wednesday closed down -0.045 (-1.81%). Nat-gas prices on Wednesday closed moderately lower and came under pressure after midday weather forecasts shifted warmer for the northern half of the U.S., which will reduce heating demand for nat-gas. Forecaster Maxar Technologies said Wednesday that the...