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The Latest Breaking News from EIA

August WTI crude oil (CLQ24 ) on Friday closed down -0.56 (-0.69%), and Aug RBOB gasoline (RBQ24 ) closed up +1.15 (+0.46%). Crude oil and gasoline prices settled mixed on Friday, with gasoline posting a 1-month high. Crude on Friday fell back from a 7-week high and turned lower after...

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Nat-Gas Prices Fall Moderately as Weekly EIA Inventories Climb Above Consensus

July Nymex natural gas (NGN24 ) on Friday closed down by -0.036 (-1.31%). July nat-gas prices Friday dropped to a 2-week low and finished moderately lower as weekly nat-gas supplies rose more than expected. The EIA reported Friday that US nat-gas inventories for the week of June 14 rose +71...

Barchart

Crude Prices Give Up an Early Advance as the Dollar Rallies

August WTI crude oil (CLQ24 ) today is down -0.16 (-0.20%), and Aug RBOB gasoline (RBQ24 ) is up +1.35 (+0.54%). Crude oil and gasoline prices today are mixed, with gasoline rising to a 1-month high. Crude today fell back from a 7-week high and turned lower after the dollar...

Barchart

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Crude Settles Higher as US Supplies Tighten and Fuel Demand Strengthens

July WTI crude oil (CLN24 ) Thursday closed up +0.60 (+0.74%), and July RBOB gasoline (RBN24 ) closed up +1.76 (+0.71%). Crude oil and gasoline prices closed moderately higher on Thursday, with crude posting a 7-week high and gasoline posting a 3-week high. Thursday's rally in the S&P 500 to...

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Nat-Gas Prices Tumble on Forecasts for Cooler US Temps

July Nymex natural gas (NGN24 ) on Thursday closed down by -0.168 (-5.78%). July nat-gas prices Thursday fell to a 2-week low and finished sharply lower. Nat-gas prices retreated Thursday after updated weather forecasts shifted cooler, which will curb nat-gas demand from electricity providers to power air-conditioning. Maxar Technologies said...

Barchart

Crude Climbs on Tighter US Supplies and Stronger Fuel Demand

July WTI crude oil (CLN24 ) today is up +0.59 (+0.72%), and July RBOB gasoline (RBN24 ) is up +2.05 (+0.83%). Crude oil and gasoline prices today are moving higher, with crude posting a 7-week high and gasoline posting a 3-week high. Today's rally in the S&P 500 to a...

Barchart

3 Bargain Oil and Gas Stocks Positioned for Recovery

Amid rising oil prices and promising forecasts for global demand, it could be wise to invest in fundamentally sound energy stocks HF Sinclair Corp. (DINO), Energy Transfer (ET), and Cenovus Energy (CVE) that are trading at a discount to their peers. Read on….

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Crude Rallies as Global Oil Supplies Expected to Remain Tight

July WTI crude oil (CLN24 ) on Tuesday closed up +1.24 (+1.54%), and July RBOB gasoline (RBN24 ) closed up +3.63 (+1.48%). Crude oil and gasoline prices Tuesday finished moderately higher, with crude posting a 7-week high and gasoline posting a 3-week high. A weaker dollar Tuesday was supportive of...

Barchart

Crude Prices End Higher as Russia Vows to Cut Crude Production

July WTI crude oil (CLN24 ) on Thursday closed up +0.12 (+0.15%), and July RBOB gasoline (RBN24 ) closed up +2.12 (+0.89%). Crude oil and gasoline prices Thursday recovered from early losses and settled higher. Oil prices found support after Russia vowed to cut back its crude production. Crude prices...

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Nat-Gas Prices Fall as Weekly EIA Inventories Climb Above Expectations

July Nymex natural gas (NGN24 ) on Thursday closed down by -0.086 (-2.82%). July nat-gas prices settled moderately lower on Thursday after weekly EIA nat-gas supplies rose more than expected. The EIA reported Thursday that nat-gas inventories for the week ended June 7 rose +74 bcf, above the consensus of...

Barchart

Crude Slightly Lower on Dollar Strength and Ample US Oil Supplies

July WTI crude oil (CLN24 ) today is down -0.17 (-0.22%), and July RBOB gasoline (RBN24 ) is up +0.79 (+0.33%). Crude oil and gasoline prices today are mixed. A stronger dollar today is undercutting energy prices. Crude prices are also weighed down by negative carryover from Wednesday after weekly...

Barchart

Crude Settles Higher on Dollar Weakness and Strength in Stocks

July WTI crude oil (CLN24 ) on Wednesday closed up +0.60 (+0.77%), and July RBOB gasoline (RBN24 ) closed down -1.45 (-0.39%). Crude oil and gasoline prices settled mixed on Wednesday. Crude and gasoline Wednesday initially rose to 1-1/2 week highs on economic optimism after the S&P 500 rallied to...

Barchart

Nat-Gas Prices Retreat on Expectations for US Gas Supplies to Remain Elevated

July Nymex natural gas (NGN24 ) on Wednesday closed down by -0.084 (-2.68%). July nat-gas prices Wednesday retreated on the outlook for ample US nat-gas supplies to continue despite hot weather. As of May 31, US nat-gas inventories were up +13.5% y/y and were +25.1% above their 5-year seasonal average....

Barchart

Donald Trump’s latest pro-crypto push includes courting Bitcoin miners at Mar-a-Lago

Donald Trump is on a mission to mine every dollar and vote from the cryptocurrency industry that he can.

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Crude Supported by a Weak Dollar and Strength in Stocks

July WTI crude oil (CLN24 ) today is up +0.20 (+0.26%), and July RBOB gasoline (RBN24 ) is down -0.94 (-0.39%). Crude oil and gasoline prices today are mixed. Crude and gasoline today initially rose to 1-1/2 week highs on economic optimism after the S&P 500 rallied to a new...

Barchart

Crude Closes Slightly Higher as Global Supplies Expected to Remain Tight

July WTI crude oil (CLN24 ) on Tuesday closed up +0.16 (+0.21%), and July RBOB gasoline (RBN24 ) closed down -0.20 (-0.08%). Crude oil and gasoline prices settled mixed on Tuesday. Crude recovered from early losses Tuesday and rose to a 1-week high on concerns global oil supplies will remain...

Barchart

Nat-Gas Prices Rally as US Weather Forecasts Trend Hotter

July Nymex natural gas (NGN24 ) on Wednesday closed up by +0.064 (+2.32%). July nat-gas prices Thursday rose to a 1-1/2 week high and closed moderately higher. Nat-gas prices Thursday found support on forecasts for hotter US temperatures that will boost nat-gas demand from electricity providers to power air-conditioning usage....

Barchart

Crude Prices Rebound as Oversold Conditions Spark Some Short Covering

July WTI crude oil (CLN24 ) Wednesday closed up +0.82 (+1.12%), and July RBOB gasoline (RBN24 ) closed up +0.41 (+0.17%). Crude oil and gasoline prices on Wednesday recovered from early losses and finished moderately higher. Technical short-covering emerged in crude futures Wednesday after prices fell for five consecutive sessions...

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Nat-Gas Prices Jump on Forecasts for Hot US Temps

July Nymex natural gas (NGN24 ) on Wednesday closed up by +0.171 (+6.61%). July nat-gas prices Wednesday closed sharply higher as US weather forecasts turned warmer, which will boost nat-gas demand from electricity providers to power increased air-conditioning. NatGasWeather said on Wednesday that temperatures are expected to remain above normal...

Barchart

Crude Prices Pressured by Build in Weekly EIA Inventories

July WTI crude oil (CLN24 ) today is down -0.16 (-0.22%), and July RBOB gasoline (RBN24 ) is down -1.42 (-0.60%). Crude oil and gasoline prices today are mildly lower, with crude holding above Tuesday's 4-month low. A stronger dollar today is weighing on energy prices. Crude is also under...

Barchart

Crude Prices Settle Lower on Ample Supplies and Energy Demand Concerns

July WTI crude oil (CLN24 ) Tuesday closed down -0.97 (-1.31%), and July RBOB gasoline (RBN24 ) closed up +1.39 (+0.60%). Crude oil and gasoline prices on Tuesday settled mixed, with crude falling to a 3-3/4 month low. Crude is under pressure on negative carryover from Sunday when OPEC+ rolled...

The Guardian - AU

Labor has adopted its own ‘nature positive’ approach to the environment. But is it just a ‘snazzy slogan’?

‘World first’ legislation and the creation of new agencies have drawn criticism for a lack of accountability and quantifiable targets

Barchart

Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24 ) today is down -0.79 (-1.01%), and July RBOB gasoline (RBN24 ) is up +0.61 Z(+0.25%). Crude oil prices today are being undercut by demand concerns after the slightly weaker-than-expected US personal spending report. Crude oil prices are also being undercut by today's weakness in...

Barchart

Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24 ) Thursday closed down -1.32 (-1.67%), and July RBOB gasoline (RBN24 ) closed down -5.64 (-2.29%). Crude oil and gasoline prices Thursday closed moderately lower. Concern that interest rates will stay higher for longer sparked risk-off sentiment in financial assets on Thursday and undercut crude...

Barchart

Nat-Gas Prices Retreat as Weekly EIA Inventories Climb More Than Expected

July Nymex natural gas (NGN24 ) on Thursday closed down -0.094 (-3.53%). July nat-gas prices Thursday dropped to a 2-week low and closed moderately lower after weekly nat-gas inventories rose more than expected. The EIA reported Thursday that nat-gas inventories for the week ended May 24 rose +84 bcf, above...

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