The Latest Breaking News from EIA

The energy sector’s outlook looks robust, as surging global demand for oil and natural gas and tight supplies would fuel high energy prices this year and beyond. Given the industry’s bright growth prospects, quality energy stocks Eni (E), Sasol (SSL), and Transportadora (TGS) could be ideal investments now. Keep reading….

December Nymex natural gas (NGZ23 ) on Friday closed slightly higher by +0.006 (+0.17%), rising for the fifth consecutive session. Nat-gas prices Friday had continued support from Thursday's bullish EIA report and weather forecasts. Atmospheric G2 expects cold air to expand across the eastern two-thirds of the U.S. next week,...

December WTI crude oil (CLZ23 ) today is down -1.74 (-2.04%), and Dec RBOB gasoline (RBZ23 ) is down -0.0163 (-0.72%). Crude oil prices are trading lower today on the mildly higher dollar, today's sell-off in stocks, and carry-over from Wednesday's bearish EIA report. Crude oil prices have underlying support...

November Nymex natural gas (NGX23 ) on Wednesday closed +0.039 (+1.31%). Nat-gas prices on Wednesday posted moderate gains on expectations for colder-than-normal temperatures to envelope most of the U.S. next week, boosting heating demand for nat-gas. Forecaster Atmospheric G2 said several rounds of polar cold will expand across the eastern...

December WTI crude oil (CLZ23) on Wednesday closed up +1.65 (+1.97%), and Dec RBOB gasoline (RBZ23) closed up +1.61 (+0.71%). Nov WTI crude oil and gasoline prices on Wednesday shook off early losses and moved higher on speculation that Israel will soon stage a ground assault on Gaza, which could...

December WTI crude oil (CLZ23 ) this morning is down -0.24 (-0.29%), and Dec RBOB gasoline (RBZ23 ) is down -0.40 (-0.12%). Nov WTI crude oil and gasoline prices this morning are moderately lower and fell to 1-1/2 week lows. A stronger dollar this morning is weighing on crude prices....

The bullish state of the energy market, strengthened by steadfast oil demand and supply concerns, offers a solid opportunity to drive remarkable portfolio returns. To that end, fundamentally strong energy stocks BP p.l.c. (BP), Repsol, S.A. (REPYY) and Ultrapar Participações S.A. (UGP) could be solid buys now. Read on….

December WTI crude oil (CLZ23 ) on Tuesday closed down -1.75 (-2.05%), and Dec RBOB gasoline (RBZ23 ) closed down -5.89 (-2.55%). Nov WTI crude oil and gasoline prices Tuesday settled moderately lower and posted 1-week lows. A stronger dollar Tuesday weighed on crude prices. Crude oil prices were also...

November Nymex natural gas (NGX23 ) on Friday closed -0.058 (-1.96%). Nat-gas prices on Friday declined for the eighth consecutive session, the longest losing streak in four years, and posted a 2-1/2 week low. Negative carryover from Thursday weighed on nat-gas prices after weekly EIA nat-gas inventories rose +97 bcf,...