The Latest Breaking News from EIA

Pace of growth helps maintain renewable energy when weather conditions interfere with wind and solar

November Nymex natural gas (NGX24 ) on Wednesday closed up +0.031 (+1.34%). Nov nat-gas prices Wednesday rallied on the consensus for a +66 bcf rise in Thursday's weekly IEA inventory report, which would be less than the 5-year seasonal average rise for the week of +76 bcf. Meanwhile, weather forecasts...

December WTI crude oil (CLZ24 ) today is down -1.13 (-1.58%), and December RBOB gasoline (RBZ24 ) is down -3.83 (-1.88%). Crude and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-3/4 month high is undercutting energy prices. Also, renewed efforts to...

Nov WTI crude oil (CLX24 ) Tuesday closed up +1.53 (+2.17%), and Nov RBOB gasoline (RBX24 ) closed up +5.68 (+2.82%). Crude and gasoline prices posted 1-week highs on Tuesday and settled moderately higher for a second day. Heightened Middle East tensions underpin crude prices due to concern that the...

Nov WTI crude oil (CLX24 ) Thursday closed up +0.28 (+0.40%), and Nov RBOB gasoline (RBX24 ) closed up +0.65 (+0.32%). Crude prices Thursday posted modest gains. Stronger-than-expected US economic news Thursday was supportive of energy demand and crude prices. Also, Thursday's rally in the S&P 500 to a new...

November Nymex natural gas (NGX24 ) on Thursday closed down by -0.020 (-0.84%). Nov nat-gas prices on Thursday extended Wednesday's sharp decline to a new 1-month nearest-futures low. The outlook for above-normal US temperatures that will reduce heating demand for nat-gas is weighing on nat-gas prices. Forecaster Maxar Technologies said...

Nov WTI crude oil (CLX24 ) today is up +0.08 (+0.11%), and Nov RBOB gasoline (RBX24 ) is up +0.20 (+0.10%). Crude prices today are slightly higher on stronger-than-expect US economic news that supports economic growth and energy demand. Also, today's rally in the S&P 500 to a new record...

Nov WTI crude oil (CLX24 ) Wednesday closed down -0.19 (-0.27%), and Nov RBOB gasoline (RBX24 ) closed up +0.26 (+0.13%). Crude oil and gasoline prices Wednesday settled mixed, with crude falling to a fresh 2-week low. Wednesday's rally in the dollar index (DXY00 ) to a 2-1/4 month high...

November Nymex natural gas (NGX24 ) on Wednesday closed down by -0.131 (-5.24%). Nov nat-gas prices Wednesday sold off sharply to a 1-month nearest-futures low on forecasts for mild US autumn weather, which will reduce heating demand for nat-gas. Forecaster Atmospheric G2 said Wednesday that weather models have shifted to...

Nov WTI crude oil (CLX24 ) Tuesday closed down -3.25 (-4.40%), and Nov RBOB gasoline (RBX24 ) closed down -7.09 (-3.36%). Crude oil and gasoline prices Tuesday sold off sharply, with crude falling to a 2-week low and gasoline sliding to a 1-1/2 week low. Crude prices tumbled Tuesday on...

November Nymex natural gas (NGX24 ) on Thursday closed up by +0.015 (+0.56%). Nov nat-gas prices Thursday recovered from a 2-1/2 week low and settled moderately higher. Short-covering emerged in nat-gas futures late Thursday morning on forecasts for colder US temperatures that will boost nat-gas demand for heating. Forecaster Atmospheric...